$353,000
●
House -
Off Market
27780 Polar Drive
Lake Arrowhead, CA 92352
3 Beds
0 Bath
1,612 Ft²
$561,397
RealtyHop Estimate
52.14%
Since Jan 1, 2019
National-US
Primary Model
About This Property
Step confidently into this completely refurbished & extensively
private 3 Bed 2 Bath property that backs up to the national forest;
ready for easy living & calm days knowing that the home is
practically new from floor-to-exposed-beam ceiling.
Enjoy creating memories while listening to the whistling breezes of summer or cozying up at the antique wood burning stove in the refreshed living & great room.
Descend the widened steps down to the newly laid walkway & in to the main level, entering into the completely reconfigured & updated kitchen & eating space w/ designer cabinets, stainless steel appliances, relaid piping. New windows & doors throughout home add efficiency sweeping & uninterrupted vistas of the San Bernardino Mountain Forests
Fresh Paint is just the beginning with new: Windows, Exterior Doors, Kitchen, Flooring, & Modernized Bathrooms. This home is completely refreshed for comfortable & enchanting getaways w/ family & friends. For added privacy & perhaps expansion, this property has 2-lots combined into one large parcel totaling just shy of 0.5 acres. Convenience flows from the county maintained road/cul-de-sac location that allows ample parking for family & guests.
Property of this quality naturally comes with Lake Rights as well!
Enjoy creating memories while listening to the whistling breezes of summer or cozying up at the antique wood burning stove in the refreshed living & great room.
Descend the widened steps down to the newly laid walkway & in to the main level, entering into the completely reconfigured & updated kitchen & eating space w/ designer cabinets, stainless steel appliances, relaid piping. New windows & doors throughout home add efficiency sweeping & uninterrupted vistas of the San Bernardino Mountain Forests
Fresh Paint is just the beginning with new: Windows, Exterior Doors, Kitchen, Flooring, & Modernized Bathrooms. This home is completely refreshed for comfortable & enchanting getaways w/ family & friends. For added privacy & perhaps expansion, this property has 2-lots combined into one large parcel totaling just shy of 0.5 acres. Convenience flows from the county maintained road/cul-de-sac location that allows ample parking for family & guests.
Property of this quality naturally comes with Lake Rights as well!
Unit Size
1,612 Ft²
Days on Market
199 days
Land Size
0.46 acres
Price per sqft
$229
Property Type
House
Property Taxes
-
HOA Dues
$75
Year Built
1971
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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 #IV18123726)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 7, 2020 | Sold | ||
| Sold | |||
| Sep 3, 2020 | Listed by KELLER WILLIAMS BBLA | $465,000 | |
| Listed by KELLER WILLIAMS BBLA | |||
 | |||
|
*Rare find* Looking for that feeling of seclusion in a cabin in the woods with full lake rights to pristine Lake Arrowhead? This updated classic 70s Gambrel cabin is on almost half an acre and backs up to National Forest. Situated on a quiet street at the end of a Cul de Sac where you will find trails leading into the National Forest yet only minutes from all that Lake Arrowhead has to offer. Watch the wildlife roam below from the comfort of your deck. Featuring T&G knotty pine and a comfortable floor plan with large kitchen and living room on main level. 2 bedrooms upstairs with Jack & Jill bathroom and a Master suite downstairs. Outdoor extras include a small fenced area for pets and a wood shed. Offered furnished and ready for you to enjoy the changing of the seasons and the crisp mountain air. The mountains are calling...
| |||
| Dec 7, 2018 | Sold | ||
| Sold | |||
| May 22, 2018 | Listed by PURPLEBRICKS REALTY INC. | $369,000 | |
| Listed by PURPLEBRICKS REALTY INC. | |||
Property Highlights
Parking Available
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Baths
ft²
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HOA + Taxes
About Lake Arrowhead
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Listed by: JONATHAN SHIDLER, PURPLEBRICKS REALTY INC.
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV18123726
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV18123726
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