720 Sky Mountain Lane
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 8, 2026 | Listed by Melissa Goldstein Tucci | $935,000 | |
| Listed by Melissa Goldstein Tucci | |||
| Jul 17, 2025 | Listed | $995,000 | |
| Listed | |||
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WELCOME TO ASHLEY COTTAGE AN ABSOLUTELY GORGEOUS FRENCH CHATEAU-INSPIRED RETREAT IN ALPINE AND CURRENTLY BEING USED AS AN AIRBNB. THIS HOME IS ONE OF A KIND WITH WALKING PATHS, STUNNING VIEWS, GARDEN, MULTIPLE VIEW DECKS, PATIO AND SEATING AREAS WITH INCREDIBLE MUTURE LANDCAPING. THE HOME FEATURES 3 BEDROOMS, A LARGE LIVING ROOM EXPOSED WOOD BEAMED CEILINGS, FIREPLACE AND HUGE PICTURE WINDOWS, MOSTLY DUAL PANE WINDOWS, FORCED A/C AND HEAT, WOOD LAMINATE FLOORING, RECESSED LIGHTING, RAISED PANEL DOORS, PROFESSIONALLY DECORATED INTERIOR, LARGE KITCHEN, FORMAL DINING, SPACIOUS BEDROOM INCLUDING A PRIMARY THAT HAS A WALK-IN CLOSET, THERE IS A LOFT ARE WITH BUILT-INS THAT IS PERFECT FOR AN OFFICE. THE 2 CAR GARAGE IS FULLY FINISHED AND COULD EASILY BE USED AS ADDITIONAL LIVING SPACE. ONE OF THE BEDROOMS IS OFF OF THE GARAGE AND SET UP LIKE A POTENTIAL ADU. THERE IS GATED COVERED RV PARKING OR IT CAN BE USED AS ENTERTAINING SPACE WITH A COVERED PATIO. THERE ARE SO MANY OPTIONS WITH THIS HOME IT TRULY IS A MUST SEE.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017