$120,000
●
House -
Off Market
2089 1st Lane
Big Bear, CA 92314
3 Beds
1 Bath
1,008 Ft²
$219,276
RealtyHop Estimate
94.91%
Since Aug 1, 2013
National-US
Primary Model
About This Property
MOVE-IN READY ~ CLEAN & WELL MAINTAINED SINGLE STORY HOME IN ERWIN
LAKE ~ OPEN FLOOR PLAN WITH FIREPLACE OPEN TO KITCHEN & BREAKFAST
BAR ~ NEW PAINT, CARPET, VINYL FLOORING, & APPLIANCES ~ FULLY
FENCED LEVEL LOT WITH AN OVERSIZED CARPORT & PLENTY OF PARKING ~
ROOM FOR RV/BOAT STORAGE ~
Unit Size
1,008 Ft²
Days on Market
62 days
Land Size
0.11 acres
Price per sqft
$112
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1965
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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: 10 months ago (CRMLS #OC13084199)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 8, 2013 | Sold | ||
| Sold | |||
| May 7, 2013 | Listed by Coldwell Banker Mtn Gallery | $112,500 | |
| Listed by Coldwell Banker Mtn Gallery | |||
| Jun 29, 2012 | Sold | ||
| Sold | |||
| May 24, 2012 | Listed by COLDWELL BANKER SKY RIDGE REALTY | $89,900 | |
| Listed by COLDWELL BANKER SKY RIDGE REALTY | |||
| | |||
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This home is move-in ready with new paint, carpet, vinyl flooring, and appliances. It features all one-level living with a great-room living area with fireplace open to the kitchen with breakfast bar. The level lot is fully fenced and has an oversized carport as well as ample extra parking. Great location, close to City of Big Bear, schools, shopping, and more.
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Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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About Big Bear City
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Listed by: Mike Wochner, Coldwell Banker Mtn Gallery
Last Updated: 10 months ago
Data Source: CRMLS, MLS# OC13084199
Last Updated: 10 months ago
Data Source: CRMLS, MLS# OC13084199
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