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887 Talisman 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 |
|---|---|---|---|
| Dec 8, 2024 | Listed | $1,495,000 | |
| Listed | |||
| | |||
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This stunning Tavern Bay home offers level entry and sits on a beautifully landscaped lot. The property boasts a grand two-story great room with a soaring ceiling and an impressive fireplace, creating a warm and inviting space for family gatherings. The great room seamlessly connects to the dining area and an expansive kitchen, which features a custom center island and a cozy breakfast nook—ideal for casual dining.
Step outside to find a spacious deck, perfect for entertaining, BBQs, and enjoying the backyard. The outdoor herb garden is ready for your Spring planting, providing an excellent opportunity for green thumbs to thrive. The level driveway leads to a two-car garage with direct access to the house, while an additional half circular driveway offers ample parking for guests, boat or RV.
The luxurious master suite on the second floor is a true retreat, complete with its own fireplace, a comfortable sitting area, a walk-in closet, and an ensuite bathroom featuring a separate shower and a soaking tub. Two additional upstairs bedrooms share a balcony and a full bathroom. The second floor also offers two versatile areas, perfect for use as a library or home office.
A fourth bedroom on the main floor includes its own fireplace and a private bath, making it ideal for guests or multi-generational living. Located just a short walk from the lake and the Tavern Bay Beach Club, this home comes with Lake Rights as part of the Arrowhead Woods privilege. Enjoy a host of recreational activities, including boating, fishing, kayaking, skiing, and swimming.
Experience the quintessential Lake Arrowhead lifestyle in this extraordinary home—a perfect blend of elegance, comfort, and adventure!
| |||
| Aug 17, 2022 | No longer available | - | |
| No longer available | |||
| May 29, 2022 | Price Decreased |
$1,585,000
↓ $110K
(6.5%) | |
| Price Decreased | |||
| Apr 30, 2022 | Relisted | $1,795,000 | |
| Relisted | |||
| Apr 30, 2022 | Price Decreased |
$1,695,000
↓ $100K
(5.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017