$2,575,000
●
House -
Off Market
28231 N Shore Road
Lake Arrowhead, CA 92352
5 Beds
4 Baths,
1
Half Bath
2,845 Ft²
$3,783,680
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model
About This Property
Reminiscent of an Era Gone By'' this Vintage Lakefront Charmer has
the nostalgia of Old Hollywood'' on the North Shore near Tavern Bay
Beach. Situated on a flat, yes all flat Lot bedazzled w/ green
foliage, apple trees and roses. It was probably first built in the
late 30's fixed up & restored over time while remaining the Cottage
yet stylish feeling that is so rare today. Back in the day this was
prime location & remains so today. An easy, flat pathway leads
right to the waters edge where the private gate opens to the
restored, private Dock House & huge granite patio w/ 2 stone piers
& trex planks to DOUBLE DOCK!(South Facing) The place is so classic
w/ a traditional entry, formal dining area, delightful Sun
Room/Studio, comfortable Living Room w/ Fireplace looking out to
the gorgeous grounds. Family/Game Room. 5 Bedrooms. 4 Bathrooms.
Outdoor Family Spa. There is a well for irrigation & Public Water.
Double attached garage. Versatile floor plan. Private Gate.
Location!! Location!!
Unit Size
2,845 Ft²
Days on Market
39 days
Land Size
0.29 acres
Price per sqft
$984
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1938
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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 #RW2201318)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 18, 2020 | Sold | ||
| Sold | |||
| Aug 9, 2020 | Listed by LYNNE B WILSON & ASSOCIATES | $2,799,000 | |
| Listed by LYNNE B WILSON & ASSOCIATES | |||
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| Jul 12, 2018 | Sold | ||
| Sold | |||
| May 15, 2018 | Listed | $1,850,000 | |
| Listed | |||
| | |||
|
Classic Lake Arrowhead lakefront charmer set on a gentle knoll, with its' own private gate. Built in 1938, but updated with dual-pane windows, so you can enjoy the lake view in comfort. Kitchen updated with highend appliances. Large rock patio with firepit and spa. Landscape irrigation is taken care of with an onsite well and pumping system. You'll love the gentle trail down to the oversized dock house (with electricity and water) and double dock, with two slips included. Level entry to the main floor with a bedroom, bath, sun room, dining room, living room, and kitchen. Family room and bedrooms and baths downstairs. Upstairs master with bath and two additional bedrooms and bath. Lake views from every floor. The manager has listed the unit size as 2845 square feet.
| |||
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Property Highlights
Garage
Parking Available
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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Baths
ft²
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Sold On
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HOA + Taxes
About Lake Arrowhead
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Listed by: Lynne Wilson, LYNNE B WILSON & ASSOCIATES
Last Updated: 5 months ago
Data Source: CRMLS, MLS# RW2201318
Last Updated: 5 months ago
Data Source: CRMLS, MLS# RW2201318
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