855 Sonoma Drive
About This Property
Welcome to your dream mountain getaway! Nestled in the serene trees, this inviting home offers the perfect blend of comfort, charm, and modern mountain living-plus lake rights for your enjoyment of private Lake Arrowhead. Step inside to discover a warm and welcoming interior with vaulted ceilings, a cozy stone fireplace, and large windows that fill the space with natural light and breathtaking views. The open-concept living and dining areas flow seamlessly into a spacious kitchen, perfect for entertaining. Enjoy peaceful forest and views of Grass Valley Lake. The home offers 4 bedrooms, and thoughtful touches throughout, creating a retreat that's as functional as it is inviting. Located on a quiet, well-maintained street just minutes from the lake, village shops, restaurants, and hiking trails, this home is perfect for full-time living, a vacation getaway, or a short-term rental investment.
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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 |
|---|---|---|---|
| Feb 20, 2026 | Sold | ||
| Sold | |||
| Dec 19, 2025 | In contract | - | |
| In contract | |||
| Nov 22, 2025 | Listed by COMPASS | $949,900 | |
| Listed by COMPASS | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017