$164,000
●
House -
Off Market
31434 Ocean View Drive
Running Springs, CA 92382
2 Beds
1 Bath
788 Ft²
$266,334
RealtyHop Estimate
58.63%
Since Dec 1, 2017
National-US
Primary Model
About This Property
AUTHENTIC MOUNTAIN CABIN NESTLED AMONST GORGEOUS OLD GROWTH TREES
IS THE IDEAL WEEKEND RETREAT OF YOUR DREAMS! LOTS OF PARKING,
INCLUDING RV, PLUS A FENCED YARD MAKE IT ALL THE MORE LOVABLE! THIS
CABIN FEATURES OPEN BEAM CEILINGS AND TONGUE AND GROOVE WALLS
THROUGHOUT AND IS ALL ON ONE LEVEL. THE FLOORPLAN STARS THE LIVING
ROOM WITH A BRICK FIREPLACE AND FRENCH DOORS OPENING ONTO THE LARGE
DECK, A KITCHEN WITH A BREAKFAST BAR AND KITCHEN DINING NOOK, THE
LAUNDRY ROOM WITH ACCESS TO THE REAR YARD, 2 COZY BEDROOMS AND A
FULL BATH. CLOSE TO THE VILLAGE WITH EASY YEAR-ROUND ACCESS AND
JUST 5 MILES TO THE SNOW VALLEY SKI RESORT!
Unit Size
788 Ft²
Days on Market
43 days
Land Size
0.14 acres
Price per sqft
$213
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1955
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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: 4 months ago (CRMLS #EV17220717)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 25, 2021 | Sold | ||
| Sold | |||
| Apr 22, 2021 | Listed by WHEELER STEFFEN SOTHEBY'S INTERNATIONAL REALTY | $265,000 | |
| Listed by WHEELER STEFFEN SOTHEBY'S INTERNATIONAL REALTY | |||
 | |||
|
Classic Mid Century cabin, built in 1955, located on a beautiful tree lined street in Running Springs. Level entry from the street, and just a few steps to the front door, this property has it all. Large deck perfect for entertaining or just gazing at the stars. Amazing board and batten siding lends to the mid century charm. Inside is living room with fireplace, 2 bedrooms, one bath, eat-in kitchen and separate laundry room. Gorgeous cedar walls and beamed ceilings throughout. This sweet cabin has enjoyed the pride of ownership over the decades and comes complete with RV parking and fenced side yard. Make this your very own mountain pasadise.
| |||
| Nov 6, 2017 | Sold | ||
| Sold | |||
| Sep 24, 2017 | Listed by COLDWELL BANKER SKY RIDGE RLTY | $167,900 | |
| Listed by COLDWELL BANKER SKY RIDGE RLTY | |||
| Aug 20, 2017 | Listed | $167,900 | |
| Listed | |||
| | |||
|
This adorable mountain cabin is just what you need for your weekend getaway. Wonderful treed setting on a gentle upslope. Tons of parking, large front deck, fenced back yard. Knotty pine throughout. Open beam ceilings. Wood burning fireplace. Freshly painted laundry room/storage room. Commuter friendly, close to Hwy 18 and 330. Minutes to Snow Valley and Lake Arrowhead. The manager has listed the unit size as 788 square feet.
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Property Highlights
Parking Available
Fireplace
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: ANDREA LASSAK, COLDWELL BANKER SKY RIDGE RLTY
Last Updated: 4 months ago
Data Source: CRMLS, MLS# EV17220717
Last Updated: 4 months ago
Data Source: CRMLS, MLS# EV17220717
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