30
Map
419 Hemlock Drive
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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.
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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 |
|---|---|---|---|
| Jun 26, 2026 | Sold | ||
| Sold | |||
| Jun 3, 2026 | In contract | - | |
| In contract | |||
| Apr 9, 2026 | Listed by Vista Sotheby's International Realty | $849,000 | |
| Listed by Vista Sotheby's International Realty | |||
| Oct 22, 2025 | Listed | $850,000 | |
| Listed | |||
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A Timeless Mountain Retreat in Lake Arrowhead’s Coveted Palisades Neighborhood
Perched at the crest of Lake Arrowhead’s desirable Palisades community, this charming 1949 cabin is a rare blend of vintage character and modern comfort. Thoughtfully preserved and beautifully updated, it sits among soaring oak and pine trees—offering a tranquil retreat that perfectly captures the spirit of mountain living. Quintessential charm abounds in the beamed main living area, where perfectly placed Anderson wood windows bathe the space in natural light. Impeccably restored Douglas fir floors and rich combed mahogany paneling exude warmth and craftsmanship, complemented by tasteful slate accents in the kitchen and baths. The expansive first level features airy, connected living spaces that flow effortlessly to the serene outdoors. A sophisticated dining room with custom built-in cabinetry opens to an oversized, elevated deck—ideal for entertaining or quiet relaxation amid mature natural foliage. A lush front garden, complete with roses, apple trees, and seasonal blooms, creates another inviting setting for year-round enjoyment.
The well-appointed kitchen retains its vintage charm while offering modern updates and convenience. A full bath and additional storage complete the main floor. Upstairs, three character-filled bedrooms offer dappled light and tranquil treetop or filtered lake views. A stylish second bath with vintage-inspired details and an enclosed laundry area complete the upper level. Blending history, craftsmanship, and comfort, this classic Lake Arrowhead residence offers a timeless retreat in one of the mountain’s most sought-after neighborhoods. Central A/C, upgraded systems and ample flat parking complete this one of a kind offering. Adjacent vacant land and 1/2 double dock available for extra.
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| May 10, 2025 | Price Decreased |
$1,195,000
↓ $100K
(7.7%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017