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468 Old Toll Road
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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 |
|---|---|---|---|
| Aug 23, 2019 | No longer available | - | |
| No longer available | |||
| Jul 8, 2019 | Listed | $688,500 | |
| Listed | |||
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The Ferber House circa 1968. Palm Springs architect Michael Black designed this modern architectural mountain home as a getaway for his family in Lake Arrowhead. Featured in TIME Magazine, there are over 100 hundred windows in this three-story home which allow the visitors to view the forest from nearly every room. Many classic elements of mid-century modern design are on display throughout creating a singular environment that is truly befitting of this mountain community. This three bedroom, two bath home can accommodate up to 8 guests. It has a beautiful kitchen filled with natural light, wood burning fireplace, wireless internet, washer/dryer hook-ups, parking for 3 cars, lake rights, and offers al fresco dining with an outdoor fireplace on a 600 square foot deck. The Ferber House is located in one of the most convenient areas at the lake just 1 minute from the water and 4 minutes to the town of Blue Jay. The manager has listed the unit size as 1998 square feet.
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| Apr 25, 2018 | Sold | ||
| Sold | |||
| Mar 29, 2018 | Listed by Sotheby's International Realty | $595,000 | |
| Listed by Sotheby's International Realty | |||
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The Ferber House circa 1968. Palm Springs architect Michael Black designed this modern architectural mountain home as a getaway for his family in Lake Arrowhead. Featured in TIME Magazine, there are over 100 hundred windows in this three-story home which allow the visitors to view the forest from nearly every room. Many classic elements of mid-century modern design are on display throughout creating a singular environment that is truly befitting of this mountain community. This three bedroom, two bath home can accommodate up to 8 guests. It has a fully equipped kitchen, wood burning fireplace, game closet, movies and music, wireless internet and cable tv, washer/dryer, parking for 3 cars, access to two private swim beaches, and offers al fresco dining with an outdoor fireplace on a 600 square foot deck. The Ferber House is located in one of the most convenient areas at the lake just 5 minutes from the water and the town of Blue Jay.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017