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About This Property
Set on a rare large, mostly level lot, there's room here to breathe-ample parking, a fenced yard for dogs, kids, and slow afternoons, and space that invites you to stay outside a little longer. The new decking sets the stage for morning coffee in the trees and evenings that stretch under the stars.
Behind the charm, the essentials are handled: newer roof, windows, water heater, and a Generac whole house generator-quietly doing their job so you don't have to think about it. The indoor laundry room adds unmatched convenience. Offered fully furnished, it's ready to continue as a rental or become your own easy escape from day one.
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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 |
|---|---|---|---|
| Jun 29, 2026 | Sold | ||
| Sold | |||
| May 23, 2026 | In contract | - | |
| In contract | |||
| Apr 21, 2026 | Listed by Vista Sotheby's International Realty | $379,000 | |
| Listed by Vista Sotheby's International Realty | |||
| Sep 29, 2021 | No longer available | - | |
| No longer available | |||
| Sep 19, 2021 | Listed by Redfin Corporation | $349,000 | |
| Listed by Redfin Corporation | |||
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Dreamy A-frame Mountain Top Home. This well cared for home sits on a large usable lot with room to add, it has tons of upgrades and is the perfect opportunity for a weekend getaway/investment property. The home comes fully furnished with a transferable license from the county of San Bernardino for short term rentals it has a large driveway with plenty of off street parking as well as a fenced in yard for pets. Perfectly located less than a mile to town with several restaurants and stores, 90 minutes from Los Angeles, 10 minutes to Snow Valley Ski Resort and Santa's Village,15 minutes to Lake Arrowhead and 30 minutes to Big Bear. Too many improvements to list all: new windows w/ lifetime warranty, new water heater, built out kitchen, water pressure regulator, upgraded flooring, wood burning fireplace, work done to upgrade and reinforce decks and much more. The manager has listed the unit size as 1012 square feet.
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About Running Springs
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017