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943 Nadelhorn Drive
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 |
|---|---|---|---|
| Oct 24, 2024 | Listed | $1,150,000 | |
| Listed | |||
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View….View…View….. Lake view home in Lake Arrowhead! This inviting and spacious residence, set in a sought-after neighborhood on a semi-flat lot, is ideal for those who love to entertain or simply unwind. With 4 bedrooms—and spacious loft that is converted into a bedroom—3 full baths, and a half bath, this home provides ample space for family and friends. The open floor plan showcases a cozy living room with a beautiful stone fireplace, a well-equipped kitchen, a large dining area, and direct access to a generous deck where you can take in the serene lake views. High vaulted ceilings and wooden beams add character and warmth throughout. Recent updates, including zoned heating, newer AC, and dual-pane windows, offer comfort and efficiency. Outside, the expansive deck is perfect for gatherings or quiet moments in nature, while the 2-car garage and a driveway with space for five cars ensure plenty of parking. With lake rights and fully ready for move-in, this home is a wonderful retreat or investment opportunity. The home currently used as an Arbnb and has a positive cash flow.
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| Feb 21, 2022 | Listed by Compass | $1,350,000 | |
| Listed by Compass | |||
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This beautifully renovated home is designed for large gatherings to recharge, relax and enjoy. An open floor plan consists of a living room with a stone fireplace, pool table, recently remodeled chef kitchen, a large dining area, and direct access to an expansive deck to enjoy nature. High vaulted ceilings with custom wood beams add to the beauty. All this and a view of the lake through the trees. 5 bedrooms, a large bedroom could be used as a den or bonus room. Zoned heating and New AC, ducting, and dual pane windows added in 2021. Home has been a successful short-term rental for the past few months. Expansive deck for outside activities and BBQs. 2 car garage and the driveway can fit five cars. Home can turn key right down to the kitchen dishes. To top it off, the home has lake rights for you, the owner, to enjoy! The manager has listed the unit size as 2890 square feet.
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| Mar 1, 2021 | Sold | ||
| Sold | |||
| Jan 4, 2021 | Listed by WHEELER STEFFEN SOTHEBY'S INTERNATIONAL REALTY | $975,000 | |
| Listed by WHEELER STEFFEN SOTHEBY'S INTERNATIONAL REALTY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017