31353 Overhill 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 |
|---|---|---|---|
| Nov 13, 2025 | Sold | ||
| Sold | |||
| Sep 26, 2025 | In contract | - | |
| In contract | |||
| Sep 18, 2025 | Listed by Higher Ground Real Estate | $449,000 | |
| Listed by Higher Ground Real Estate | |||
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Windows! Windows! Windows! Welcome to 31353 Overhill, an exquisite, fully renovated 3-BR, 2-BA pristine modern mountain retreat with a detached fully finished shed in the heart of Running Springs. Flooded with an abundance of natural light, this home features vaulted ceilings, expansive windows, and a cozy gas/wood-burning fireplace. Enjoy mountain living year-round from the expansive private deck. The dream kitchen boasts stainless steel appliances, farmhouse sink, new cabinets, open shelving, beautiful one of a kind Quartzite countertops, and a breakfast bar, flowing seamlessly into the dining and living areas. The main floor primary suite offers a walk-in closet, walk-in shower and a separate bathtub, while the lower level provides versatile space with 2 bedrooms, a full bath and a dry heat sauna. The partially fenced yard and plenty of on-site parking add convenience. Just minutes from Lake Arrowhead, Big Bear, Snow Valley Ski Resort, and hiking trails, this turnkey property is perfect as a full-time home, vacation escape, or rental investment. Enjoy the quaint town of Running Springs with its markets, restaurants, shops, post office and library. Quick access to 330 for an easy commute. Schedule your showing today and experience mountain living at its best!
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| Jul 31, 2020 | Sold | ||
| Sold | |||
| May 8, 2020 | Listed by BRUIN TROJAN REALTY, INC. | $246,000 | |
| Listed by BRUIN TROJAN REALTY, INC. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017