672 Arth 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 |
|---|---|---|---|
| Oct 27, 2022 | No longer available | - | |
| No longer available | |||
| Oct 26, 2022 | Sold | ||
| Sold | |||
| Sep 13, 2022 | In contract | - | |
| In contract | |||
| Sep 3, 2022 | Listed by HomeSmart Professionals | $525,000 | |
| Listed by HomeSmart Professionals | |||
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Unique opportunity, walking distance to the lake, established short term rental property with great rental history. This property has one of the best views of Lake Gregory in Crestline (San Bernardino Mountains), built in 2002, sits up high with panoramic views of the mountain side and Lake Gregory. Income potential, rents easily, 3 levels, 2 decks, game room, central AC and Heat, minutes from the lake. Furniture negotiable, enjoy as a weekend getaway, primary residence or 2nd home, or investment property. Endless opportunities. Rents for $165-185 nightly in the summer higher in the winter months. The manager has listed the unit size as 1308 square feet.
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| May 14, 2022 | Listed by HomeSmart | $525,000 | |
| Listed by HomeSmart | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017