861 Holmes Lane
About This Property
Featuring two cozy bedrooms and a well-appointed bathroom, this cabin is perfect for hosting gatherings or enjoying serene getaways. The wood-burning fireplace adds warmth and charm, creating an inviting atmosphere on chilly nights. With brick flooring and wooden accents throughout, the cabin exudes rustic elegance and timeless allure, offering a retreat from the daily hustle and bustle.
The kitchen boasts modern amenities including a new stove and dishwasher, ensuring convenience for culinary pursuits. Whether you're seeking a mountain home, a weekend escape, or an investment opportunity, this cabin offers versatility to align with your lifestyle and investment objectives.
Ideally located just steps from the National Forest, outdoor enthusiasts will revel in a plethora of recreational activities, from hiking and biking to fishing and wildlife observation. Winter sports enthusiasts will appreciate the proximity to the slopes for thrilling adventures on snow-capped peaks. During warmer months, leisurely days by the lake or exploration of The Village's shops and dining spots await, all within easy reach of your mountain retreat.
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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 |
|---|---|---|---|
| Dec 9, 2024 | Sold | ||
| Sold | |||
| Nov 10, 2024 | In contract | - | |
| In contract | |||
| Oct 7, 2024 | Relisted | $265,000 | |
| Relisted | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
| Oct 5, 2024 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017