1116 Michael Avenue
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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.
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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 |
|---|---|---|---|
| Aug 31, 2021 | Sold | ||
| Sold | |||
| Jul 19, 2021 | No longer available | - | |
| No longer available | |||
| Jun 25, 2021 | Price Decreased |
$375,000
↓ $14K
(3.7%) | |
| Price Decreased | |||
| May 10, 2021 | Listed by Keller Williams - Big Bear / Lake Arrowhead | $389,450 | |
| Listed by Keller Williams - Big Bear / Lake Arrowhead | |||
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Big Bear Charmer! This home has been owned by one family, built with love and pride of ownership. Two bedrooms, one is a Master suite, which could be used as a den. Two full baths, back bath has a jacuzzi tub. Wood burning stove, that you can really cook on, and keep you warm on the cold wintery nights. Fully furnished! Large closets in bedroom and bathroom, which includes a linen closet. New flooring in Kitchen and bathroom. Dual pane windows with blinds and curtains. Kitchen has original counters. Washer/Dryer hook ups for a stackable in Kitchen. Deck off of the Master suite in the rear which takes you to the outdoor patio and to the additional insulated living/guest quarters in rear. Fully fenced yard with fruit and pine trees to enjoy Big Bear at its finest. Concrete driveway and walkways around the home. Insulated garage w/cabinets & work bench. Surprise storage under the kitchen floor, and under the Master bedroom, access at back of house. Start your Big Bear experience now! The manager has listed the unit size as 1050 square feet.
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About Big Bear City
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017