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54685 CREST Drive
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 |
|---|---|---|---|
| Apr 12, 2024 | Sold | ||
| Sold | |||
| Jan 29, 2024 | Listed by Desert Sotheby's International Realty | $999,999 | |
| Listed by Desert Sotheby's International Realty | |||
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''Mile High House'', an extraordinary one-of-a-kind mountain masterpiece with the most sensational views in all of Idyllwild. Style, sophistication and attention to detail take center stage as you enter this truly magnificent home. Set on 1.8 acres of majestic forest land, one will feel far removed from everyday city life. Breathe the fresh mountain air as you become emerged by the warmth of this captivating home set at a mile high elevation in artsy Idyllwild, home of art, harmony, nature and music! As you enter this mountain paradise you are drawn to the floor to ceiling sliding glass doors welcoming you to the rear view deck. Dine alfresco with friends & family on your expansive view deck. You will feel as though you are floating over the forest below! Inside features amazing natural light from the many windows that provide views from every room. An open great room with wood ceilings, clerestory windows, corner fireplace, built-in living & dining room furniture and adjacent work space are perfect for reflection and relaxation. The chefs kitchen is a dream & features views and bar seating. Lower level laundry room, 2 bedrooms & 2 baths, view deck & outdoor spa! DREAM HOME!
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| Jan 17, 2024 | No longer available | - | |
| No longer available | |||
| Dec 19, 2023 | Price Decreased |
$1,100,000
↓ $150K
(12%) | |
| Price Decreased | |||
| Sep 16, 2023 | Listed by Tiffany Raridon, Broker | $1,250,000 | |
| Listed by Tiffany Raridon, Broker | |||
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A breathtaking contemporary home positioned perfectly on the mountain offering the most magnificent views. As soon as you step through the front door, you'll be captivated by the dramatic vistas. Living area welcomes you with its soaring, wood-finished, vaulted ceilings, and guides you towards a stunning wall of windows that lead to a spacious deck, where you'll feel like you're floating above the forest. Inside, the living area features generously sized built-in sofas, creating a cozy and inviting atmosphere. Dining area features benched-seating dining table, perfect for gathering with loved ones. Completing this open and bright area is a wall of shelving, providing ample storage, as well as a built-in desk area, ideal for those who work or study from home. The slate flooring seamlessly transitions into the fully updated kitchen with a floor-to-ceiling window and large picture window above the sink. Pantry ensures you have ample storage space for all your culinary needs, while a half bath with a beautiful stained-glass window. Lower level with two spacious bedrooms, each with access to the lower deck & private hot tub. Solar power, newer roof, and carport w/charging station. The manager has listed the unit size as 1944 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017