55320 Upper Pine Crest Avenue
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 |
|---|---|---|---|
| Aug 13, 2018 | No longer available | - | |
| No longer available | |||
| May 15, 2018 | Listed | $775,000 | |
| Listed | |||
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This incredible mountain retreat is truly like no other. A finely detailed house of rock, glass and impressive wood beams, the home was designed in 1984 by Scott Emsley, AIA who worked with the great organic modernist Ken Kellogg. The interior geometry was influenced by the idea of a conifer tree. As it was, the original owner had a lumber mill and the beautiful woods used here were milled exactly to his specifications. Looking from below, one can see that the balcony is an impressively cantilievered structure that allows the home to feel like it is set in the trees. From inside the view is toward and through the trees and on to Lilly Rock beyond. There are two bedrooms in the main house, one upstairs and the other down. One bedroom is currently used as a den. A third large en suite bedroom is in a separate structure which affords a view of the house and two large live oak trees. Located on over 1.6 acres with Strawberry Creek flowing through the property below. The manager has listed the unit size as 2062 square feet.
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| Jul 18, 2014 | Sold | ||
| Sold | |||
| Jun 11, 2014 | Listed by Idyllwild Realty | $589,000 | |
| Listed by Idyllwild Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017