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866 Golf Course Road
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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 23, 2022 | No longer available | - | |
| No longer available | |||
| Jun 15, 2022 | In contract | - | |
| In contract | |||
| May 27, 2022 | Price Decreased |
$979,000
↓ $10K
(1%) | |
| Price Decreased | |||
| May 10, 2022 | Listed by RE/MAX LAKESIDE | $989,000 | |
| Listed by RE/MAX LAKESIDE | |||
| | |||
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Your beautiful mount airy retreat awaits you! A unique turn key property with Lake Rights and all of the upgraded essential must haves whether you're looking for a weekend escape, a full time mountain home, or a transferable successful short term rental, look no more. You'll instantly feel transplaced upon entering the front door through your covered front porch welcomed by the beautiful vaulted ceilings, a view looking through the back deck to the outdoors, a level, wooded backyard for added tranquility. Custom finishes and conveniences throughout including log beams, wood trim throughout, level driveway and garage. A large custom kitchen for gatherings and good times! Located very conveniently to the Lake Arrowhead Country Club to round out your mountain experience. The furnishings are graciously included to make this purchase an easy, turn key experience to enjoy all Lake Arrowhead and the Mountain has to offer! The manager has listed the unit size as 2190 square feet.
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| May 25, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017