1
Map
$825,000
●
House -
Off Market
1216 Kodiak Drive
Lake Arrowhead, CA 92391
3 Beds
3 Baths
3,089 Ft²
$1,083,916
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model
About This Property
This is it, the home you've been waiting for. High vaulted
ceiling with a wall of windows, a lake view and 3000+ sqft. You
will say wow in every room. There is a 4 car garage that is
currently being used as a game room. A large main floor open to wet
bar, with a master on the main. The large kitchen is attached to
the outside deck that lets you take in all the ridge-line and lake
views. This home is currently a short term rental with permit and
comes furnished per inventory. Upstairs you'll find a large
loft and 2 large bedrooms. This is dual access home with fenced
yard and A/C. There is also an additional lot across the street
that helps protect the view, being sold for an additional $75k.
Home has Lake Rights and is located very close to national forest
and trails. Don't pass this one up!
Unit Size
3,089 Ft²
Days on Market
63 days
Land Size
0.34 acres
Price per sqft
$267
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1992
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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 #RW2201720)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 2, 2020 | Sold | ||
| Sold | |||
| Sep 30, 2020 | Listed by COLDWELL BANKER SKY RIDGE RLTY | $825,000 | |
| Listed by COLDWELL BANKER SKY RIDGE RLTY | |||
Property Highlights
Garage
Air Conditioning
Fireplace
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
Currently no similar homes aroundNearby Rentals
Listed by: MICHELLE CALKINS, COLDWELL BANKER SKY RIDGE RLTY
Last Updated: 4 months ago
Data Source: CRMLS, MLS# RW2201720
Last Updated: 4 months ago
Data Source: CRMLS, MLS# RW2201720
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