2144 Erwin Ranch Road
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 |
|---|---|---|---|
| Jan 31, 2024 | No longer available | - | |
| No longer available | |||
| Dec 23, 2023 | In contract | - | |
| In contract | |||
| Oct 11, 2023 | Listed by Keller Williams Encino/Sherman Oaks | $899,999 | |
| Listed by Keller Williams Encino/Sherman Oaks | |||
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Nestled among the towering pines of Big Bear City, beckons with the promise of a tranquil mountain retreat! This picturesque property, boasting a coveted address in the heart of California, offers a perfect blend of rustic charm and modern comfort. As you approach, the expansive lot unfolds before you, revealing a well-maintained landscape that seamlessly merges with the surrounding natural beauty. The crisp mountain air and the scent of pine trees create an inviting atmosphere, setting the stage for the sanctuary that awaits within. This two-story haven features a classic mountain cabin aesthetic, with its exterior adorned in warm wood and stone accents.
74,923 sf (1.72 Acre) fully fenced parcel includes 2 separate building structures. The 2nd structure is a custom built 2 story Barn/Garage with living spaces upstairs.
A spacious front porch welcomes you, offering the ideal spot to sip your morning coffee while basking in the breathtaking views of the San Bernardino National Forest. Step inside to discover a thoughtfully designed interior that exudes warmth and coziness. The living area, with its vaulted ceilings and large windows, allows natural light to cascade in, illuminating the inviting space. A stone fireplace serves as the home’s heart, providing literal and figurative warmth during chilly mountain evenings. The kitchen is a chef's delight, equipped with modern appliances, ample counter space, and charming cabinetry that complement the mountain aesthetic. Whether preparing a hearty meal for family and friends or whipping up a quick snack, this kitchen is functional and stylish. The master suite is a private retreat, offering a serene escape with its comfortable layout and en-suite bathroom. Additional bedrooms provide flexibility for guests, a home office, or whatever your heart desires. But perhaps the most enchanting feature of this property is its outdoor spaces. A spacious deck extends the living area outdoors, inviting you to unwind while soaking in the panoramic mountain vistas. The expansive backyard, surrounded by tall trees, provides a perfect setting for gatherings, barbecues, or simply enjoying the crisp mountain air. This property is more than a home; it's an invitation to embrace the mountain lifestyle. Whether you're seeking a weekend getaway or a full-time residence, 2144 Erwin Ranch Road offers a rare opportunity to experience the magic of Big Bear City living. Welcome home to your mountain retreat! The manager has listed the unit size as 3584 square feet.
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| Apr 23, 2021 | Sold | ||
| Sold | |||
| Jun 11, 2020 | Listed by RE/MAX Big Bear | $870,000 | |
| Listed by RE/MAX Big Bear | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017