$421,575
●
House -
Off Market
121 N Fairway Drive
Lake Arrowhead, CA 92352
5 Beds
3 Baths,
2
Half Baths
3,175 Ft²
$641,460
RealtyHop Estimate
56.45%
Since Mar 1, 2018
National-US
Primary Model
About This Property
This awesome cabin is located just minutes from the Lake Arrowhead.
Home features 3188 square feet of living area on three levels
with 5 bedrooms and 3 bathrooms and two half bathrooms. Soaring ceilings in the great room frame the large brick fireplace with pine
paneled details. Master suite includes double Pullmans, a bidet and sauna. Decks around the perimeter allow expansive views in all
directions. Interior displays some modernized features and some charming original fixtures. There is approximately an additional 2000
square feet of unfinished and unpermitted area that has been started but not finished and is possibly not permitted. Home needs some
work, but would be an spectacular showplace with the right touch. A two car garage provides shelter for vehicles.The property is being sold AS IS without repair or warranty. Auction opening bid will be well below the minimum acceptable bid price. The list price represents what seller will accept for the property.
with 5 bedrooms and 3 bathrooms and two half bathrooms. Soaring ceilings in the great room frame the large brick fireplace with pine
paneled details. Master suite includes double Pullmans, a bidet and sauna. Decks around the perimeter allow expansive views in all
directions. Interior displays some modernized features and some charming original fixtures. There is approximately an additional 2000
square feet of unfinished and unpermitted area that has been started but not finished and is possibly not permitted. Home needs some
work, but would be an spectacular showplace with the right touch. A two car garage provides shelter for vehicles.The property is being sold AS IS without repair or warranty. Auction opening bid will be well below the minimum acceptable bid price. The list price represents what seller will accept for the property.
Unit Size
3,175 Ft²
Days on Market
202 days
Land Size
0.31 acres
Price per sqft
$129
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1980
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 4 months ago (CRMLS #IV17172066)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 14, 2018 | Sold | ||
| Sold | |||
| Jul 27, 2017 | Listed by REAL HOME SERVICES & SOLUTIONS | $410,000 | |
| Listed by REAL HOME SERVICES & SOLUTIONS | |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Lake Arrowhead
Similar Homes for Sale
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Listed by: DAVID JUDD, REAL HOME SERVICES & SOLUTIONS
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV17172066
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV17172066
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