1
Map
$231,000
●
House -
Off Market
31317 Onacrest Drive
Running Springs, CA 92382
2 Beds
1 Bath,
1
Half Bath
1,080 Ft²
$221,138
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model
About This Property
EXCELLENT OPPORTUNITY for any investor or personal home in the
popular mountain city of Running Springs. You can instantly
envision the potential design upgrades upon entering the property.
Nestled in the surrounding pine and cedar trees, this location
feels very private. Features of this home include a spacious
kitchen, large brick fireplace, high ceiling with amazing and
coveted wood beams with natural tongue and groove boards, large
upper wood deck, and has natural gas with city sewer services.
Composition roof was installed within the last 5 years. This
location in the desired Upper Rowco neighborhood, is close to all
of the adjoining cities including Lake Arrowhead, Blue Jay, Twin
Peaks, Crestline and Lake Gregory. Big Bear is just 20 minutes
away. Santa's Village/Sky Park, shopping, restaurants, Snow Valley
Ski resort, Jensens market are all minutes away. Property is a
fixer, and sold in as is condition. Cash only buyers.
Unit Size
1,080 Ft²
Days on Market
16 days
Land Size
0.17 acres
Price per sqft
$175
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1970
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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 #RW2300975)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 21, 2021 | Sold | ||
| Sold | |||
| Jun 4, 2021 | Listed by HIGHER GROUND REAL ESTATE | $189,000 | |
| 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
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Running Springs
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Listed by: MAUDI HIBBARD, HIGHER GROUND REAL ESTATE
Last Updated: 5 months ago
Data Source: CRMLS, MLS# RW2300975
Last Updated: 5 months ago
Data Source: CRMLS, MLS# RW2300975
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