1
Map
$261,500
●
House -
Off Market
31300 Oakleaf Drive
Running Springs, CA 92314
3 Beds
2 Baths
1,404 Ft²
$363,135
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model
About This Property
Absolutely Adorable A-Frame Cottage with Picturesque Mountain View!
Level entry home from extraordinarily large concrete
driveway. The two expansive decks allow views of the forest and
makes enjoying the outdoors so tranquil. The open concept, high
beam ceilings, dual fireplaces, newer dual paned windows, french
doors leading out onto deck and a large loft area are just some of
the desirable features. The living area, kitchen, bedroom and
bathroom are all on the main level. The lower level has 2 bedrooms,
a wood burning fireplace in one and a bathroom in the other.
Outside access to the lower concrete deck is available on the lower
level. The upper level is the entire loft area. The home is very
well constructed and maintained. Sellers are including a newer
Craftsman Snowblower and portable storage shed. Furnishings and
personal property present in the home are included. The location
allows easy access to downtown Running Springs with Jensen's
Market, restaurants, PO and down mountain
Unit Size
1,404 Ft²
Days on Market
26 days
Land Size
0.16 acres
Price per sqft
$184
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1962
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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 #RW2200726)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 23, 2020 | Sold | ||
| Sold | |||
| May 27, 2020 | Listed by HIGHER GROUND REAL ESTATE | $259,000 | |
| Listed by HIGHER GROUND REAL ESTATE | |||
Property Highlights
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
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Asking Price
Listed On
Listed On
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Sold On
Sold On
HOA + Taxes
About Running Springs
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Currently no similar homes aroundNearby Rentals
Listed by: MAUDI HIBBARD, HIGHER GROUND REAL ESTATE
Last Updated: 5 months ago
Data Source: CRMLS, MLS# RW2200726
Last Updated: 5 months ago
Data Source: CRMLS, MLS# RW2200726
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