1
Map
$329,000
●
House -
Off Market
31140 Summit Drive
Running Springs, CA 92382
4 Beds
2 Baths
2,074 Ft²
$444,741
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model
About This Property
Large home, situated close to Running Springs, close to Snow
Valley and Sky Park. Open floor plan with kitchen, dining
room and living room all in one area. Master bedroom on the
main, with further bedroom and bathroom. Upper level 2 more
room, and bathroom, laundry and extra sleeping space. Large
level lot, with RV parking, and fenced back yard. Owner has
recently put a new roof on the property, upgraded the floors
throughout, and replaced old windows.
Unit Size
2,074 Ft²
Days on Market
209 days
Land Size
0.17 acres
Price per sqft
$159
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1965
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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 #RW2200246)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 31, 2025 | Sold | ||
| Sold | |||
| Nov 16, 2025 | In contract | - | |
| In contract | |||
| Sep 30, 2025 | Price Decreased |
$375,000
↓ $24K
(6%) | |
| Price Decreased | |||
| Sep 5, 2025 | Listed by COLDWELL BANKER SKY RIDGE REALTY | $399,000 | |
| Listed by COLDWELL BANKER SKY RIDGE REALTY | |||
| | |||
|
Spacious A frame in a fantastic commuter location! Home has newer HVac and Air Conditioning as well as dual paned windows. On the main level is an open floor plan to the kitchen, a bathroom and two spacious bedrooms. Up the stairs is another bedroom with laundry room and primary bedroom with large walk in closet and office area. Out the back door is a fenced yard, dog run AND if you are needing some extra space to work from home, there is an office/shed with heat, A/C and electricity! Property has a whole house generator! This property needs some TLC but with some work it will make a spacious rural retreat!
| |||
| Sep 25, 2020 | Sold | ||
| Sold | |||
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Property Highlights
Garage
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Running Springs
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Listed by: Sophie Formby, COLDWELL BANKER SKY RIDGE RLTY
Last Updated: 5 months ago
Data Source: CRMLS, MLS# RW2200246
Last Updated: 5 months ago
Data Source: CRMLS, MLS# RW2200246
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