Listed by: DANIELLE ROSENTHAL, WHEELER STEFFEN SOTHEBY'S INTERNATIONAL REALTY
$700,000
●
House -
Off Market
1626 Creek Drive
Lake Arrowhead, CA 92352
3 Beds
3 Baths,
1
Half Bath
2,190 Ft²
$3,806
Est. Monthly
About This Property
Nestled adjacent to the national forest in one of Lake Arrowhead's
most secluded locations is this charming reimagined A-Frame, full
of character and good vibes. With its warm and inviting interior
offering cabin architecture alongside modern upgrades, this 3BR/3BA
home is move-in ready and well cared-for. The main level features
an a-frame entryway, gorgeous updated kitchen and an oversized
primary retreat. The great layout continues with a bright and airy
living room, two additional bedrooms and a bath. The exterior
offers abundant amenities unique to mountain living. The large
nearly ground level deck extends alongside the front of the house
and is private and spacious with plenty of room for friend and
family gatherings. A fully fenced yard and level drive rounds out
the property. Completely upgraded in 2011, additional features
include direct access to a garage, two oversized sheds and
central HVAC. Creekside in coveted Deer Lodge Park with friendly
neighbors and easy access to the Pinnacles hiking trails.
Unit Size
2,190 Ft²
Days on Market
174 days
Land Size
0.30 acres
Price per sqft
$354
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1975
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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: 2 years ago (CRMLS #RW24162584)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 28, 2025 | Sold | ||
| Sold | |||
| Jan 2, 2025 | In contract | - | |
| In contract | |||
| Oct 7, 2024 | Relisted | $775,000 | |
| Relisted | |||
| Oct 7, 2024 | No longer available | - | |
| No longer available | |||
| Oct 5, 2024 | No longer available | - | |
| No longer available | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Listed On
Listed On
Closing Price
Sold On
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HOA + Taxes
About Lake Arrowhead
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Listed by: DANIELLE ROSENTHAL, WHEELER STEFFEN SOTHEBY'S INTERNATIONAL REALTY
Last Updated: 2 years ago
Data Source: CRMLS, MLS# RW24162584
Last Updated: 2 years ago
Data Source: CRMLS, MLS# RW24162584
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