987 Tirol 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 |
|---|---|---|---|
| Feb 18, 2026 | Sold | ||
| Sold | |||
| Jan 20, 2026 | In contract | - | |
| In contract | |||
| Dec 19, 2025 | Listed by COLDWELL BANKER SKY RIDGE REALTY | $735,000 | |
| Listed by COLDWELL BANKER SKY RIDGE REALTY | |||
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Here it sits, your quintessential "A-Frame" located in Lake Arrowhead with Lake Rights in a coveted neighborhood. built in 1964 this is the epitome of A-Frames, located in a cul-de-sac on a gradual downslope, near level lot, with lots of parking and close to the Tavern Bay Beach Club. With only one step up to the front door upon entering you'll be wowed by the soaring vaulted ceilings, captivating open space and flood of natural light. It almost feels effortless to glide through this space. On the main floor you'll find the living room, renovated kitchen, dining space, 2 bedrooms a main floor bath, and access to the back deck. Upstairs is a an open loft "primary suite" bedroom with full bath, secret nook, and the laundry/storage closet. The outside space is highly usable and you'll find little areas to sit and rest allowing you to take in the towering pine and oak trees. There is even a small shed out back that is currently bing used as an art space. Some of the renovations include, dual pain windows, front hardiebacker siding, light fixtures, paint and more. Home is equipped with central AC and comes furnished, minus sellers exclusions. This is a highly active STR, Don't let this one slip out of your hands.
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| Dec 6, 2024 | Sold | ||
| Sold | |||
| Nov 21, 2024 | Listed by WHEELER STEFFEN SOTHEBY'S INTERNATIONAL REALTY | $705,000 | |
| Listed by WHEELER STEFFEN SOTHEBY'S INTERNATIONAL REALTY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017