1
Map
$485,000
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House -
Off Market
27844 North Bay Road
Lake Arrowhead, CA 92352
4 Beds
1 Bath
2,025 Ft²
$779,049
RealtyHop Estimate
48.39%
Since May 1, 2019
National-US
Primary Model
About This Property
Bring BACKUP OFFERS Looking for your very own InstaHotel,a dreamy
second home or a Pristine Primary Residence? Welcome to Cabin Chic
at the end of Private flat drive with peek of Lake Arrowhead and a
Bedroom & Bath on main level.Plenty of parking including
carport.Equipped with all Organic bedding for 8 beds as well as
extra sets, county permit, 5 outdoor installed cameras, Nest
thermostat,A/C, and Schlage smart lock(can be all controlled from
your phone),5 brand new flat screen TVs,upgraded 200 amp
electrical, Antiques,upscale furnishings,all artwork on
walls.Natural stone flooring,three upgraded bathrooms & kitchen
completely remodeled with high end appliances(all Jenn-Air)&
fixtures. Outside you will not only find a wrap around deck, but
level grounds with easy landscaping. Just 3 minutes away is Tavern
Bay Beach Club & Village just 8-10 minutes.Everything you will find
at Cabin Chic is included, no need to buy or move a thing!Come on
over & see what this special cabin has.
Unit Size
2,025 Ft²
Days on Market
88 days
Land Size
0.32 acres
Price per sqft
$259
Property Type
House
Property Taxes
-
HOA Dues
$0
Year Built
1967
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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 #RW2190001)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 2, 2019 | Sold | ||
| Sold | |||
| Jan 4, 2019 | Listed by Prime Properties | $525,000 | |
| Listed by Prime Properties | |||
| Nov 28, 2018 | Sold | ||
| Sold | |||
| Oct 14, 2018 | Listed by RE/MAX ADVANTAGE | $419,000 | |
| Listed by RE/MAX ADVANTAGE | |||
 | |||
|
STRAIGHT out of ASPEN to Lake Arrowhead is this upgraded 3 bed 3 ba Lake Rights home. Oversize lot. Big wrap around decks. Luxurious family room down stairs with bath. Voted Most Comfortable Home. Real stone flooring in kitchen and living room. Inspirational lighting. Newer dual glazed windows and many new French doors. Close to Tavern Bay. Private Lake for Property owners. Furnishings came from one of owner's Estates in Aspen. Now is the time to grab this home with both hands and buy it. Ask your agent to show you this home first.
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Lake Arrowhead
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: LAURA COLEMAN, Prime Properties
Last Updated: 5 months ago
Data Source: CRMLS, MLS# RW2190001
Last Updated: 5 months ago
Data Source: CRMLS, MLS# RW2190001
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