$265,000
●
House -
Off Market
23119 Balsam Lane
Crestline, CA 92325
2 Beds
1 Bath
1,092 Ft²
$322,060
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model
About This Property
Move right in!!! Great Crestline location on nearly level larger
lot. Sought after single level living with nice sized living area
with crown molding. Bright kitchen opens to family room with
vaulted tongue & groove ceiling, fireplace with sitting hearth and
laminate flooring. Master bedroom with 3/4 bath, a second bedroom
and full bath. Additional features include walk-in pantry with
shelves, indoor laundry area, and ceiling fans. Gated side and back
yards, can accommodate RV parking. Home backs to National Forest. A
must see!
Unit Size
1,092 Ft²
Days on Market
70 days
Land Size
0.15 acres
Price per sqft
$237
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1956
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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: 4 months ago (CRMLS #RW2300006)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 5, 2025 | Sold | ||
| Sold | |||
| Apr 24, 2025 | Listed by COLDWELL BANKER SKY RIDGE REALTY | $360,000 | |
| Listed by COLDWELL BANKER SKY RIDGE REALTY | |||
| | |||
|
All one level living that backs up to acres of National Forest. This adorable Valley of Enchantment home has been remodeled and boasts all one level living with 2 bedrooms, 2 bathrooms and central A/C. The space is so well equipped, with a charming front deck, to a large living room, a large kitchen and dining area with vaulted ceilings, skylights, fireplace and laundry closet. The back yard is fully fenced and has an incredible amount of space to work with, you could fit a boat, a trailer, off road vehicles, and more. There is even a gate that leads you out to the National Forest where you can enjoy strolling through nature. The home is currently a successful Airbnb and has been styled and curated to welcome all! The long driveway allows for ample parking. Located not far from Downtown Crestline, Lake Gregory and heart rock trail and , this home will captivate you as soon as you pull in the driveway. Home is being sold furnished minus sellers personals. Don't pass this one up.
| |||
| Mar 16, 2021 | Sold | ||
| Sold | |||
| Jan 4, 2021 | Listed by LAKEVIEW REALTY ENTERPRISES | $259,000 | |
| Listed by LAKEVIEW REALTY ENTERPRISES | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
Price/ft²
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About Crestline
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Listed by: DEREK LEISTRA, LAKEVIEW REALTY ENTERPRISES
Last Updated: 4 months ago
Data Source: CRMLS, MLS# RW2300006
Last Updated: 4 months ago
Data Source: CRMLS, MLS# RW2300006
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