2448 Independence Lane
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 |
|---|---|---|---|
| Oct 16, 2025 | Sold | ||
| Sold | |||
| Sep 13, 2025 | In contract | - | |
| In contract | |||
| Aug 1, 2025 | Listed by LPT Realty, Inc | $225,000 | |
| Listed by LPT Realty, Inc | |||
| | |||
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Welcome to 2448 Independence Ln, Running Springs, CA 92382—a perfect blend of comfort and mountain charm. This 1-bedroom, 1-bathroom home offers 432sq. ft. of thoughtfully designed living space on a 2,400 sq. ft. lot.
Step inside to an inviting open-concept living area featuring warm wood accents and abundant natural light. The well-appointed kitchen offers ample cabinetry and counter space, making meal preparation a breeze. Enjoy the tranquility of mountain living while being just minutes from local shops, dining, and year-round outdoor activities, including hiking, skiing, and lake adventures.
With easy access to Highway 330, this home is an ideal full-time residence, weekend getaway, or investment opportunity.
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| Jun 15, 2020 | Sold | ||
| Sold | |||
| May 1, 2020 | Listed by MOUNTAIN TOP PRODUCERS REALTY | $167,000 | |
| Listed by MOUNTAIN TOP PRODUCERS REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017