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31482 Overhill Drive
About This Property
This four-bedroom home in Running Springs' desirable Upper Rowco neighborhood offers character, generous living space, and storage rarely found in the area.
A newer attached two-car garage provides level entry into the home, a practical advantage in every season. The great room serves as the heart of the home with a charming wood burning stove and skylights that frame the room with towering pines, all complemented by a formal dining room well suited to entertaining.
Storage is a defining feature of the property. A large stock room accommodates provisions and seasonal equipment, while a separate workshop or recreation room offers flexible space for hobbies, fitness, or additional living space. Four bedrooms provide ample room for guests.
The grounds include landscaped gardens, multiple decks, and a fenced, nearly level backyard, an uncommon feature in the mountain communities. A garden shed offers additional exterior storage, and a whole-house generator ensures reliable power throughout the winter months.
Located minutes from the ski slopes, this home combines mountain living with everyday convenience.
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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%.
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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.
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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 |
|---|---|---|---|
| Oct 2, 2026 | Listed by Vista Sotheby's International Realty | $525,000 | |
| Listed by Vista Sotheby's International Realty | |||
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About Running Springs
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017