697 Mormon Springs
About This Property
Inside, you'll find an inviting living space highlighted by open beam ceilings and a cozy wood-burning stove, creating the ideal atmosphere for relaxing cabin living. The home features refreshed bathrooms, a spacious laundry room, and a huge primary bedroom that provides a comfortable private retreat. A charming sleeping loft adds extra flexibility for guests or additional living space.
Step outside and enjoy the peaceful surroundings, complete with a seasonal stream that enhances the serene, natural setting.
Whether you're looking for a full-time residence, weekend getaway, or investment opportunity, this home captures the best of Crestline living. Don't miss your chance to own a slice of the mountains!
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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 21, 2026 | Sold | ||
| Sold | |||
| Apr 23, 2026 | In contract | - | |
| In contract | |||
| Apr 9, 2026 | Listed by DYNASTY REAL ESTATE | $297,500 | |
| Listed by DYNASTY REAL ESTATE | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017