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43685 Ridge Crest Drive
About This Property
Whether you are looking for a permanent residence, second home or short term rental, this home has it all.
This home is currently being used for family and short term rental. The short term rental has 5 star reviews.
It has the sought after open concept floor plan with, Kitchen-recently updated cabinetry, bar area, dining area and large living room for great entertainment. The wood burning stove will keep you cozy on those cold winter nights. Beautiful wood peaked ceiling. Two sliding doors which offer lots of natural lighting lead you out to the beautiful wrap around porch.
Additional features: Indoor laundry, 2 large bedrooms,one with a king-size bed and the other with a queen bed and a set of bunk-beds, furniture may stay.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 18, 2020 | Sold | ||
| Sold | |||
| Aug 20, 2019 | Listed by REALTY ONE GROUP WEST | $318,500 | |
| Listed by REALTY ONE GROUP WEST | |||
Property Highlights
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About Big Bear Lake
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$6,500 /mo
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$4,400 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017