416 Klamath Drive
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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%.
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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 |
|---|---|---|---|
| Jan 15, 2026 | Sold | ||
| Sold | |||
| Dec 18, 2025 | In contract | - | |
| In contract | |||
| Nov 13, 2025 | Listed by KELLER WILLIAMS LAKE ARROWHEAD | $649,000 | |
| Listed by KELLER WILLIAMS LAKE ARROWHEAD | |||
| Apr 2, 2025 | Listed | $669,000 | |
| Listed | |||
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Welcome to your mountain hideaway in Arrowhead Woods! Just three minutes from both the Village and the lake, this fun and stylish home offers the perfect spot to relax among the pines. Level parking and near level entry make coming and going a breeze. Inside, an open concept living area under wood beamed ceilings is warmed by a cozy wood burning fireplace. A bedroom and full bath on the main level provide easy access, while two more spacious bedrooms and another bath await upstairs.
Step out onto the large deck to BBQ under the towering trees, or head down the exterior stairs to a private fenced in patio with a hot tub and a Star Wars themed bonus room, complete with a projection screen and video games ensuring fun for everyone. This bonus room adds 190 sqft to the 1,556 sqft home, bringing the total to 1,746 sqft.
Currently operating as a successful Airbnb, you can keep it as an income producing retreat or simply enjoy it as your own mountain getaway. Looking for a cozy yet modern place to recharge? Your new home in Arrowhead Woods is ready to welcome you! Lake rights included.
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| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017