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28815 Cedar
About This Property
While the home is modest in square footage, the thoughtfully designed floor plan makes excellent use of every space. The main level features a welcoming living room with vaulted ceilings, a cozy wood-burning fireplace, and an open gathering area that flows naturally into the dining space. The functional kitchen has everything you need, including a convenient breakfast bar and a well-placed washer and dryer.
Also on the main level is a ¾ bathroom and a comfortable primary bedroom with an en-suite bath. Upstairs, a versatile loft provides a relaxed "hangout" area along with additional sleeping accommodations for family and guests, making this a wonderful home for mountain getaways and gatherings.
One of the standout features is the attached two-car tandem garage, which has provided valuable space for storing the family's boat during the winter months-an especially desirable amenity for a Lake Arrowhead property.
Recent upgrades include newer Trex decking, laminate flooring, dual-pane windows, a tankless water heater, new shower enclosure, and a newer roof.
Full of warmth, history, and the promise of new adventures, this is the kind of cabin where mountain memories are made and treasured for generations.
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 18, 2026 | Price Decreased |
$405,000
↓ $20K
(4.7%) | |
| Price Decreased | |||
| Aug 15, 2026 | Listed by Vista Sotheby's International Realty | $425,000 | |
| Listed by Vista Sotheby's International Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017