$538,000
●
House -
Off Market
23090 Crest Forest Drive
Crestline, CA 92325
5 Beds
2 Baths
2,500 Ft²
$600,832
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model
About This Property
Spacious more than half acre estate of mostly flat land located in
the lovely Valley View Park area of Crestline.Home designed with a
separate wing upstairs encompassing 2 bedrooms and a full bathroom.
One bedroom could be redesigned as a living/kitchenette combo for a
guest suite. Two bedrooms and a bathroom are on the main floor with
the remodeled kitchen, dining, living room with stone fireplace,
walk through pantry, laundry room, and additional craft room/office
Great for a multitude of uses. Outside both front and back are
numerous decks and porches;3 of the bedrooms have access to decks.
Extra storage in a second build up, RV parking and more. Dog run,
optional storage container (see remarks) Flat and gently sloped
yard dotted with dogwoods, cedars, pines, oaks. Loads of charm,
tons of space, a unique property ready to customize further for
your needs. So much room to enjoy this over 1/2 acre parcel!
Unit Size
2,500 Ft²
Days on Market
77 days
Land Size
0.55 acres
Price per sqft
$210
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1985
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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: 5 months ago (CRMLS #RW2300844)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 30, 2025 | Sold | ||
| Sold | |||
| Nov 7, 2024 | In contract | - | |
| In contract | |||
| Oct 28, 2024 | Listed by Re/Max Champions | $499,999 | |
| Listed by Re/Max Champions | |||
| | |||
|
VIEW.VIEW.VIEW......
| |||
| Aug 6, 2021 | Sold | ||
| Sold | |||
| May 21, 2021 | Listed by WHEELER STEFFEN SOTHEBY'S INTERNATIONAL REALTY | $525,000 | |
| Listed by WHEELER STEFFEN SOTHEBY'S INTERNATIONAL REALTY | |||
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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Status
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ft²
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About Crestline
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Listed by: Debra Baker, WHEELER STEFFEN SOTHEBY'S INTERNATIONAL REALTY
Last Updated: 5 months ago
Data Source: CRMLS, MLS# RW2300844
Last Updated: 5 months ago
Data Source: CRMLS, MLS# RW2300844
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