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30169 Magic Drive
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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%.
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 28, 2025 | Sold | ||
| Sold | |||
| Oct 4, 2025 | In contract | - | |
| In contract | |||
| Sep 24, 2025 | Listed by WealthBridge Real Estate | $575,000 | |
| Listed by WealthBridge Real Estate | |||
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Welcome to 30169 Magic Dr, a delightful mountain home tucked away in the peaceful community of Running Springs, CA. This cozy retreat features 3 bedrooms, 2 bathroom, and a warm, inviting interior with rustic charm, perfect for full-time living or weekend getaways. The living room boasts a wood-burning fireplace, creating a cozy atmosphere for snowy winter nights, while large windows bring in plenty of natural light and offer views of the surrounding forest. The kitchen is functional and charming, with ample cabinetry and a quaint dining area just steps away. A spacious front deck invites you to relax and enjoy the fresh mountain air, while the gently sloped backyard provides a quiet space to explore or unwind. The home sits on one of three included parcels, with a combined lot size of 29,866 square feet, giving you plenty of room to expand, build additional structures, or simply enjoy the extra space and privacy. Whether you're looking for a peaceful mountain hideaway or a property with potential, this is a rare opportunity to own a home with three contiguous parcels in beautiful Running Springs, CA!
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| Aug 3, 2021 | Sold | ||
| Sold | |||
| Jun 29, 2021 | Listed by Mountain Homes Realty, Inc. | $599,900 | |
| Listed by Mountain Homes Realty, Inc. | |||
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About Running Springs
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017