1
Map
$710,000
●
House -
Off Market
280 Fairway Drive
Lake Arrowhead, CA 92352
3 Beds
3 Baths,
1
Half Bath
2,580 Ft²
$871,683
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model
About This Property
Grand Custom built home designed with a touch of Southern
Hospitality and built with Mountain appeal! You'll
love this Dolman built home set up on a hill with nice mountain
views and 1/2 acre parcel for a little space. We have tons
of parking and a pad for your boat or RV as well. The owners
have maintained the property meticulously and it shows! A/C
and Generac auto-generator for your year-round comfort and that big
covered porch to enjoy the outdoors day or night! The Master
retreat is conveniently located on the main level. The
spacious kitchen features solid wood cabinetry, built-in appliances
and 2 pantrys. There is an awesome Therapeutic spa out on the
deck to get you ready to enjoy the weekend! Drive in
garage for extra easy living. This home has all sorts of
designer upgrades starting with the Marvin windows and doors to
that grand spiral staircase leading up to the guest quarters.
Fabulous home, with full Lake-rights & on a plowed and
maintained road.
Unit Size
2,580 Ft²
Days on Market
68 days
Land Size
0.54 acres
Price per sqft
$289
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1992
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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 #RW2300482)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 9, 2021 | Sold | ||
| Sold | |||
| Apr 1, 2021 | Listed by RE/MAX LAKESIDE | $745,000 | |
| Listed by RE/MAX LAKESIDE | |||
Property Highlights
Garage
Air Conditioning
Fireplace
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: Barry Lieberman, RE/MAX LAKESIDE
Last Updated: 5 months ago
Data Source: CRMLS, MLS# RW2300482
Last Updated: 5 months ago
Data Source: CRMLS, MLS# RW2300482
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