$350,000
●
House -
Off Market
28823 Cedar Drive
Lake Arrowhead, CA 92352
3 Beds
1 Bath
1,453 Ft²
$529,457
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model
About This Property
Elegant Vintage Cottage. In Lake Arrowhead! Two masters each with
it's own bath,Loft Bedroom with powder bath,Living room with
fireplace,Family room and 3 decks. This property offers a classic
kitchen with a beautiful turret breakfast room with view windows
and upgraded oak plank flooring. Off the kitchen a large deck to
enjoy family gatherings. The large and elegant living room offers
fine wood finishings, beamed ceiling, beautiful stained glass view
window,view deck and stunning rock fireplace to enjoy with family
and friends. The large and bright master bedroom has lots of
windows and a private tub with shower bathroom. Upstairs there is a
unique design loft bedroom with a powder bath. The firs floor and
second floor area accessible with a unique style fireman's ladder.
Th lower floor include another master bedroom with walk in shower
enclosure bathroom.Large living room or game room, built in seating
area,laundry,utility room and view deck. Great Location in the
"Palisades" Lake rights
Unit Size
1,453 Ft²
Days on Market
208 days
Land Size
0.11 acres
Price per sqft
$241
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1930
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #EV18043394)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 20, 2020 | Sold | ||
| Sold | |||
| Apr 30, 2020 | Listed by CAPRE | $479,000 | |
| Listed by CAPRE | |||
 | |||
|
JUST REDUCED! Lake arrowhead charmer in the desirable lakeside Palisades neighborhood. Home sits on an oversized elevated Lot. Recent renovations blend modern conveniences with vintage charm. With Master suite on the main level, this 3 bedroom 2 1/2 bath home can live as a 2 bed 1 1/2 bath with a 1 bed 1 bath private lower level apartment with additional kitchen and private entrance and deck offers lots of options: in-laws? guests? rental income?
The main level living room has an inviting wood burning rock fireplace and detailed woodwork. Central AC to Cool down warm summer days! Upgrades include new hand scraped wood floors, new kitchen, extensive hardscape work, newer roof, painting and more. Lots of outdoor entertainment space and a large storage shed for toys and tools. Plenty of parking.
| |||
| Mar 25, 2020 | No longer available | - | |
| No longer available | |||
| Mar 7, 2020 | Price Decreased |
$499,000
↓ $50K
(9.1%) | |
| Price Decreased | |||
| Jan 30, 2020 | Price Increased |
$549,000
↑ $80K
(17.1%) | |
| Price Increased | |||
Show More
Property Highlights
Parking Available
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: ROSA SANCHEZ, MOUNTAIN TOP PRODUCERS REALTY
Last Updated: 5 months ago
Data Source: CRMLS, MLS# EV18043394
Last Updated: 5 months ago
Data Source: CRMLS, MLS# EV18043394
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017