1
Map
$446,000
●
House -
Off Market
31035 Valley Oak Drive
Running Springs, CA 92382
4 Beds
3 Baths,
1
Half Bath
2,678 Ft²
$653,240
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model
About This Property
Absolutely stunning home! This turn-key home is move-in ready
in the most accessible neighborhood in Running Springs. Hwy
330 is minutes away with a 20 minute commute down the mountain.
The home features level entry access, a coveted 2 car
attached garage and additional parking for another 4 vehicles, 4
bedrooms (3 of 4 have walk-in closets), an office (which could be
another bedroom as it does have a closet area) and 3.5 bathrooms.
The entire lower level includes a large bonus room, the
office (or a bedroom), a full bath and a spa on the deck!
This area could potentially add income as a vacation rental
as it has its own entrance. The partial view is of amazing
city lights off its 3 decks. The main level has beautiful
wood floors, a dream kitchen with granite counter tops, a brand new
gas stove and upgraded cabinets with a pantry and fancy spinners
and pull out drawers for storage. Generator hookup. The roof
is approximately 5 years old. This home really does have it
all!
Unit Size
2,678 Ft²
Days on Market
102 days
Land Size
0.17 acres
Price per sqft
$167
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1999
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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 #RW2191221)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 16, 2019 | Sold | ||
| Sold | |||
| Jul 3, 2019 | Listed by PURPLEBRICKS REALTY, INC. | $446,000 | |
| Listed by PURPLEBRICKS REALTY, INC. | |||
 | |||
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Absolutely stunning home! This turn-key home is move-in ready in the most accessible neighborhood in Running Springs. Hwy 330 is minutes away with a 20 minute commute down the mountain. The home features level entry access, a coveted 2 car attached garage and additional parking for another 4 vehicles, 4 bedrooms (3 out 4 with walk-in closets), an office (which could be another bedroom as it does have a closet area) and 3.5 bathrooms. The entire lower level includes a large bonus room, the office (or a bedroom), a full bath and a spa on the deck! This area could potentially add income as a vacation rental as it has its own entrance. The partial view is of amazing city lights off its 3 decks. The main level has beautiful wood floors, a dream kitchen with granite counter tops, a brand new gas stove and upgraded cabinets with a pantry and fancy spinners and pull out drawers for storage. There's an electrical hookup installed for a generator. The roof is approximately 5 years old. This home really does have it all!
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Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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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 Running Springs
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Currently no similar homes aroundNearby Rentals
Listed by: MAUDI HIBBARD, Purple Bricks
Last Updated: 5 months ago
Data Source: CRMLS, MLS# RW2191221
Last Updated: 5 months ago
Data Source: CRMLS, MLS# RW2191221
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