$434,000
●
House -
Off Market
2191 1st Lane
Big Bear City, CA 92314
4 Beds
2 Baths
1,752 Ft²
$429,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model
About This Property
INCREDIBLE TURN-KEY OPPORTUNITY IN ERWIN LAKE! This property
features 4 bedrooms, 2 baths, large gathering area, functional
laundry room and one car garage ideal for extra storage. Has many
notable updates within the last few years including all new dual
pane windows, newer roof, new carpet and laminate flooring.
Spacious kitchen includes newly painted cabinets, granite
countertops and stainless steel appliances. Enjoy the new spa in
the private backyard area - perfect for entertaining. Other
exterior upgrades including recently painted exterior and new
storage shed. Ideal affordable mountain escape or perfect family
home ~ away from the crowds and just a quick drive to all of Big
Bear's main attractions. Don't miss this one - it won't last!
Unit Size
1,752 Ft²
Days on Market
35 days
Land Size
0.11 acres
Price per sqft
$245
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1988
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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 #PW23186596)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 9, 2023 | Sold | ||
| Sold | |||
| Oct 5, 2023 | Listed by Re/Max Big Bear | $429,000 | |
| Listed by Re/Max Big Bear | |||
Property Highlights
Garage
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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ft²
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HOA + Taxes
About Big Bear City
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Listed by: Tyler Wood, Re/Max Big Bear
Last Updated: 10 months ago
Data Source: CRMLS, MLS# PW23186596
Last Updated: 10 months ago
Data Source: CRMLS, MLS# PW23186596
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