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1068 Lookout Mountain 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%.
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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 |
|---|---|---|---|
| Sep 27, 2026 | Price Decreased |
$672,500
↓ $26K
(3.7%) | |
| Price Decreased | |||
| Aug 29, 2026 | Listed by COMPASS | $698,500 | |
| Listed by COMPASS | |||
| Nov 10, 2025 | Price Decreased |
$715,000
↓ $5K
(0.7%) | |
| Price Decreased | |||
| Aug 30, 2025 | Price Decreased |
$720,000
↓ $10K
(1.4%) | |
| Price Decreased | |||
| Jul 13, 2025 | Listed | $730,000 | |
| Listed | |||
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Welcome to 1068 Lookout Mountain Rd. Beautiful Big Bear. A true mountain escape nestled in the desirable Whispering Forest neighborhood, close to the National Forest. This spacious 4-bedroom, 2-bathroom home spans over 2,200 sq ft and sits on a generous 0.63-acre lot, offering privacy. Your perfect mountain reprieve... Inside, enjoy a cozy fireplace, wet bar for entertaining, and large windows that frame the natural beauty outside. Step out to a private hot tub, perfect for relaxing under the stars after a day on the lake, trails or slopes. Whether you're looking for a primary home, vacation getaway, or rental investment, this property delivers on all fronts with space, charm, and unbeatable location. Just minutes from Big Bear Lake, the village, and ski resorts!
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About Big Bear City
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017