2085 Shady Lane
About This Property
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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%.
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 22, 2024 | Sold | ||
| Sold | |||
| Apr 5, 2024 | Listed by RE/MAX BIG BEAR | $359,000 | |
| Listed by RE/MAX BIG BEAR | |||
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Price reduced...Cute little move-in ready cabin in eastern Big Bear. Although the front of the cabin might appear small, the total living space is almost 1,100 square feet. This property features two large bedrooms, and it is fully fenced, making it useable for pet owners and ensuring privacy. In the living room you will find a large wood burning fireplace as well. New carpets have been installed in the bedrooms, while vinyl planking is in the other rooms, offering a modern and easy-to-clean flooring solution. Brand new tankless water heater will supply you with endless hot water. Fresh paint inside creates a clean and inviting atmosphere throughout the house, and the yard requires low maintenance, offering convenience for busy homeowners. A side deck with amenities such as a BBQ, hammock, and awning provides a space for outdoor relaxation and entertainment, and the large storage shed will keep all of your winter toys and tools. The property is spotless indicating meticulous upkeep and care by the present owner. This property includes a newer washer and dryer, and the cabin will include the furnishings with a full-price offer, making it move-in ready for buyers. This cabin is located in the quiet part of eastern Big Bear, just off of highway 38 which offers peace and tranquility… and, it is conveniently situated just one block from Erwin Lake Park, providing easy access to outdoor recreational activities and lot of room for family gatherings.
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| Jul 12, 2019 | Sold | ||
| Sold | |||
| May 10, 2019 | Listed by KELLER WILLIAMS REALTY | $234,995 | |
| Listed by KELLER WILLIAMS REALTY | |||
| Mar 13, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017