779 Fern Road
About This Property
At the heart of the home, a massive original stone fireplace anchors the airy living room. The kitchen and bathrooms have been thoughtfully updated, complemented by custom cabinetry, wall to wall sisal carpet, artisanal tiles, real hardwood floors and curated finishes throughout. A whole-house water filtration system and tankless water heater bring comfort and efficiency, while multiple decks invite relaxed indoor/outdoor living in the trees. Say hello to the deer and squirrels as you explore the trails throughout the neighborhood.
With 3 bedrooms and 2 bathrooms, this turn-key property is ready to enjoy or offer as a turnkey short-term rental.. Furnishings are negotiable.
A one-of-a-kind forest retreat with modern upgrades and income potential-don't miss your chance to own this Skyforest gem.
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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 |
|---|---|---|---|
| Jul 31, 2025 | Sold | ||
| Sold | |||
| Jul 12, 2025 | In contract | - | |
| In contract | |||
| Jun 21, 2025 | Listed by WHEELER STEFFEN SOTHEBY'S INT | $789,000 | |
| Listed by WHEELER STEFFEN SOTHEBY'S INT | |||
| Jan 31, 2020 | No longer available | - | |
| No longer available | |||
| Nov 9, 2019 | Price Decreased |
$419,500
↓ $50K
(10.6%) | |
| Price Decreased | |||
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About Lake Arrowhead
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017