708 Pinnacle 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 |
|---|---|---|---|
| Nov 18, 2025 | Sold | ||
| Sold | |||
| Oct 17, 2025 | In contract | - | |
| In contract | |||
| Sep 23, 2025 | Listed by COLDWELL BANKER SKY RIDGE REALTY | $315,000 | |
| Listed by COLDWELL BANKER SKY RIDGE REALTY | |||
| Sep 18, 2020 | Sold | ||
| Sold | |||
| May 18, 2020 | Listed by Re/Max Platinum Realty | $275,000 | |
| Listed by Re/Max Platinum Realty | |||
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At the Villas Summit with pristine views & enveloping privacy, this amply upgraded home is everything you're looking for in a mountain getaway. Beautiful one level storybook Cottage w/ only a few steps to the door this home sits way up above neighboring homes. Refurbished wrap-around decks w/ Trex covered railings & concrete patio add abundant outdoor entertainment living space, adding value & comfort in all seasons! Remodeled yet retaining the old charm of a true cabin, this home has all vinyl double pane windows & sliding glass doors inviting the outdoors in. Landscape & access are perfect: newer, wide driveway, concrete steps & patio wrap around to ensure lasting structure protection. House has hardwood flooring, newly remodeled kitchen, counter tops, modern appliances & bathroom, open concept kitchen, dramatic fireplace, dining area, spacious bedrooms & closets. Property comes w/ additional all access lot included in price & a huge stand in build up, with concrete flooring, sheltering equipped laundry, utilities. Home comes lovingly furnished. Only 90min to LA & OC! Make it yours
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About Lake Arrowhead
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017