635 Grass Valley
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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 |
|---|---|---|---|
| May 23, 2026 | In contract | - | |
| In contract | |||
| May 22, 2026 | Sold | ||
| Sold | |||
| Mar 25, 2026 | Listed by Vista Sotheby's International Realty | $695,000 | |
| Listed by Vista Sotheby's International Realty | |||
| | |||
|
Welcome to your dream getaway in beautiful Lake Arrowhead. Situated on nearly 1/3 acre of lush, private land, this beautifully renovated prow-style home offers the perfect blend of modern comfort and classic mountain character—plus lake rights! Tucked into a serene setting with lush landscaping and a seasonal stream, the home features a spacious wrap-around deck ideal for entertaining or soaking in the peaceful surroundings. Inside, the open-concept living and kitchen area is filled with natural light, highlighted by soaring beam ceilings and a stunning stone fireplace that creates a warm and inviting atmosphere. The expansive primary suite is set on its own private upper level for added comfort. On the lower level, a custom-designed bonus space complete with a built-in wet bar, cozy nook seating, pool table and a second stone fireplace that adds a rustic touch to the entertainment area. A generous laundry room is already plumbed and sized for a potential third bathroom, and there’s abundant storage throughout the home. With a massive concrete driveway offering parking for 6 to 8 vehicles—plenty of room for guests, or even a boat—and easy year-round access to main roads, this home is as practical as it is picturesque. Whether you're looking for a full-time residence, vacation escape, or investment opportunity, this Lake Arrowhead property delivers comfort, charm, and room to relax.
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| Oct 26, 2025 | Listed | $695,000 | |
| Listed | |||
| | |||
|
Welcome to your dream getaway in beautiful Lake Arrowhead. Situated on nearly 1/3 acre of lush, private land, this beautifully renovated prow-style home offers the perfect blend of modern comfort and classic mountain character—plus lake rights! Tucked into a serene setting with lush landscaping and a seasonal stream, the home features a spacious wrap-around deck ideal for entertaining or soaking in the peaceful surroundings. Inside, the open-concept living and kitchen area is filled with natural light, highlighted by soaring beam ceilings and a stunning stone fireplace that creates a warm and inviting atmosphere. The expansive primary suite is set on its own private upper level for added comfort. On the lower level, a custom-designed bonus space complete with a built-in wet bar, cozy nook seating, pool table and a second stone fireplace that adds a rustic touch to the entertainment area. A generous laundry room is already plumbed and sized for a potential third bathroom, and there’s abundant storage throughout the home. With a massive concrete driveway offering parking for 6 to 8 vehicles—plenty of room for guests, or even a boat—and easy year-round access to main roads, this home is as practical as it is picturesque. Whether you're looking for a full-time residence, vacation escape, or investment opportunity, this Lake Arrowhead property delivers comfort, charm, and room to relax.
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| Sep 25, 2025 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017