$400,000
●
House -
Off Market
28245 North Bay Road
Lake Arrowhead, CA 92352
3 Beds
2 Baths
1,792 Ft²
$632,191
RealtyHop Estimate
51.97%
Since Feb 1, 2019
National-US
Primary Model
About This Property
Gorgeous Level Entry Single Story Home. Situated in the Tavern Bay
Neighborhood on the desired North Shore Side of Lake Arrowhead.
Lake Rights with 3 Bedrooms / 2 Bathrooms. Built in 2004 with
Custom High-end Upgrades including Solid Oak Hardwood Flooring and
Trim plus Hunter Douglas Wood Blinds. Bathrooms and Laundry Room
are immaculate and feature Ceramic Tile Flooring. Pristine Chef's
Kitchen opens to Dining Area and Lovely Living Room with River Rock
Fireplace. Wonderful Back Deck enjoys Expansive Ridgeline Views.
Charming Front Porch allows for additional Outside enjoyment. 2 Car
Attached Garage. Easy Lake Living!
Unit Size
1,792 Ft²
Days on Market
50 days
Land Size
0.27 acres
Price per sqft
$232
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2004
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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 #EV18280494)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 16, 2019 | Sold | ||
| Sold | |||
| Nov 27, 2018 | Listed by RE/MAX LAKESIDE | $416,000 | |
| Listed by RE/MAX LAKESIDE | |||
 | |||
|
Gorgeous Level Entry Single Story Home. Situated in the Tavern Bay Neighborhood on the desired North Shore Side of Lake Arrowhead. 3 Bedrooms / 2 Bathrooms. Built in 2004 with Custom High-end Upgrades including Solid Oak Hardwood Flooring and Trim plus Hunter Douglas Wood Blinds. Bathrooms and Laundry Room are immaculate and feature Ceramic Tile Flooring. Pristine Chef's Kitchen opens to Dining Area and Lovely Living Room with River Rock Fireplace. Wonderful Back Deck enjoys Expansive Ridgeline Views. Charming Front Porch allows for additional Outside enjoyment. 2 Car Attached Garage. Easy Lake Living!
| |||
Property Highlights
Fireplace
Garage
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
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Currently no similar homes aroundNearby Rentals
Listed by: CLARK HAHNE, RE/MAX LAKESIDE
Last Updated: 5 months ago
Data Source: CRMLS, MLS# EV18280494
Last Updated: 5 months ago
Data Source: CRMLS, MLS# EV18280494
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