593 Silver Tip Drive
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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%.
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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.
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 16, 2022 | No longer available | - | |
| No longer available | |||
| Mar 16, 2022 | In contract | - | |
| In contract | |||
| Feb 19, 2022 | Price Decreased |
$785,000
↓ $65K
(7.7%) | |
| Price Decreased | |||
| Feb 12, 2022 | Listed by Keller Williams Big Bear Lake Arrowhead | $850,000 | |
| Listed by Keller Williams Big Bear Lake Arrowhead | |||
| | |||
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VIEWS! VIEWS! VIEWS! This beautiful home has expansive views of both Snow Summit and Bear Mountain Resorts! Main house offers high beam ceilings, lots of new windows, 3 bedrooms, 2 baths, living room and a game room or family room, 2 fireplaces, built in zero EMF infrared sauna, and many new upgrades throughout! 2 car garage with workshop and a remodeled GUEST HOUSE above it! INCOME PROPERTY! Live in one and rent the other! Guest house is a popular Airbnb with good rental history offering 1 bed,1 bath, living room and kitchen! Brand new hot tub and large deck with fantastic ski resort views! Large lot. Brand new 200-amp breaker. Highly desirable Big Bear Lake, Moonridge location! Walking distance to zoo, golf course, ski resort shuttle buses and more! Just minutes from the lake, ski slopes and the Big Bear Village! Awesome opportunity! Don't miss out! Contact Holly Gardner with questions and for showings (909) 261-2486 * [email protected] The manager has listed the unit size as 1914 square feet.
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| Sep 22, 2017 | Sold | ||
| Sold | |||
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About Big Bear Lake
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017