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29228 Hook Creek
About This Property
The kitchen flows easily to the dining and living spaces, making gatherings simple and comfortable, while the bedrooms provide peaceful retreats after a day at the lake or on nearby trails. Enjoy crisp mountain air from the deck/patio area, ideal for morning coffee or evening sunsets, and take advantage of easy access to Lake Arrowhead Village, shops, dining, and year-round recreation. Whether you're looking for a full-time residence, a weekend getaway, or a potential investment property, 29288 Hook Creek Road with its two additional parcels delivers an authentic mountain-living experience in a convenient Cedar Glen location. Cedar Glen does not have lake rights at Lake Arrowhead. It is conveniently close to Lake gregory as well as Big Bear Lake and the ski areas. This home is being sold as is.
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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.
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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 |
|---|---|---|---|
| Sep 22, 2026 | Price Decreased |
$239,000
↓ $1K
(0.4%) | |
| Price Decreased | |||
| Aug 5, 2026 | Price Decreased |
$240,000
↓ $2K
(0.8%) | |
| Price Decreased | |||
| Jul 16, 2026 | Price Decreased |
$242,000
↓ $8K
(3.2%) | |
| Price Decreased | |||
| Jul 6, 2026 | Listed by Elevate Realty | $250,000 | |
| Listed by Elevate Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017