41199 Terrapin Road
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 28, 2022 | No longer available | - | |
| No longer available | |||
| Sep 21, 2022 | Price Decreased |
$650,000
↓ $9K
(1.4%) | |
| Price Decreased | |||
| Sep 10, 2022 | Price Decreased |
$659,000
↓ $16K
(2.4%) | |
| Price Decreased | |||
| Aug 25, 2022 | Listed by Keller Williams Big Bear | $675,000 | |
| Listed by Keller Williams Big Bear | |||
| | |||
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Hurry before it's gone ~ You will absolutely love this cabins setting adjoining the National forest ~ Just a stones throw away from Town Trail, a popular trail stretching from the Snow Summit to the Village ~ This very special, secluded home, features a wrap around deck to enjoy the peaceful surroundings ~ Indulge yourself with the sounds of birds chirping from the tall pines sipping your morning coffee ~ Warm yourself in front of rock fireplace on those chilly winter nights ~ There are beautiful, high wood beamed ceilings in the spacious bedrooms ~ Watch the snow pile up outside with peace of mind, the new Generac generator will kick in providing power to the home to keep you comfortable if the power goes out ~ Amenities include a stackable washer and dryer on the main level along with a full Bathroom just off the living room, central heat, newer water heater, new Asphalt Shingle Roof, high end exterior security cameras, upgraded exterior siding, upgraded electrical, and new Kitchen Aid microwave and Maytag stove ~ There is plenty of parking for the whole family ~ Centrally located between Snow Summit Resort and the Village is the home you have been searching for, come see it before it's gone. The manager has listed the unit size as 1152 square feet.
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| Sep 15, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017