659 St Moritz Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 18, 2024 | Sold | ||
| Sold | |||
| Aug 31, 2024 | In contract | - | |
| In contract | |||
| Aug 23, 2024 | Listed by Re/Max Big Bear | $1,349,000 | |
| Listed by Re/Max Big Bear | |||
| Oct 6, 2023 | No longer available | - | |
| No longer available | |||
| Sep 15, 2023 | Listed by RE/MAX Big Bear | $775,000 | |
| Listed by RE/MAX Big Bear | |||
| | |||
|
Embrace the potential of this remarkable property, an undeniable fixer-upper opportunity. Nestled in the desirable Summit Estates, this residence boasts four bedrooms, three and a half bathrooms, and a 2-car attached garage, spanning an impressive 3,069 square feet. The lot encompasses 7,200 square feet of space, providing ample room for your vision.
Built in 1975, this home exudes a classic charm, perfect for those seeking a serene mountain-style retreat. Its prime location near Snow Summit Resort makes it a haven for outdoor enthusiasts.
Inside, architectural highlights await, including a captivating floating stairway, a loft bedroom, and a sunken living room, lending unique character to the space. The pièce de résistance is the expansive game room, complete with a cozy fireplace, offering a perfect setting for entertainment and relaxation.
While it undoubtedly requires some renovation, this property holds immense potential to become your dream mountain-style abode. With its spacious layout, distinctive features, and enviable location, seize the opportunity to transform this house into a true gem that reflects your vision and style. Don't miss out on this chance to create something truly special.
The lot next door is available and the buyer of this property has first right of refusal. The manager has listed the unit size as 3069 square feet.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017