$175,000
●
House -
Off Market
31762 Valley View Drive
Running Springs, CA 92382
1 Bed
0 Bath
688 Ft²
$247,528
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model
About This Property
Vintage charmer on a nearly level lot in a forest setting. If
you're looking for a mountain cottage close to local ski resorts
and attractions, look no further. Upon entry, you're greeted by a
cozy living room with original knotty pine paneling and a cozy wood
stove insert, river rock fireplace.To the left of the entryway is
the 3/4 bathroom. The living room opens to the dining nook and
kitchen beyond. The kitchen features a Wedgewood stove and charming
original 1940s cabinetry, beautifully preserved. The kitchen opens
onto the back deck and spacious, fenced backyard beyond with pine,
cedar and fir trees. Upstairs, you'll find a roomy bedroom that
could be converted into two bedrooms. Off street parking for at
least 3 cars. Close to Running Springs downtown area. Roughly 15
minutes from Snow Valley Resort, 30 minutes to Redlands, 40 minutes
to Big Bear ski resorts and 15 minutes to Lake Arrowhead Village.
This is a quintessential mountain getaway cabin!
Unit Size
688 Ft²
Days on Market
43 days
Land Size
0.15 acres
Price per sqft
$246
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1947
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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 #EV19212487)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 18, 2019 | Sold | ||
| Sold | |||
| Sep 5, 2019 | Listed by COLDWELL BANKER SKY RIDGE RLTY | $169,000 | |
| Listed by COLDWELL BANKER SKY RIDGE RLTY | |||
 | |||
|
Vintage charmer on a nearly level lot in a forest setting. If you're looking for a mountain cottage close to local ski resorts and attractions, look no further. Upon entry, you're greeted by a cozy living room with original knotty pine paneling and a cozy wood stove insert, river rock fireplace.To the left of the entryway is the 3/4 bathroom. The living room opens to the dining nook and kitchen beyond. The kitchen features a Wedgewood stove and charming original 1940s cabinetry, beautifully preserved. The kitchen opens onto the back deck and spacious, fenced backyard beyond with pine, cedar and fir trees. Upstairs, you'll find a roomy bedroom that could be converted into two bedrooms. Off street parking for at least 3 cars. Close to Running Springs downtown area. Roughly 15 minutes from Snow Valley Resort, 30 minutes to Redlands, 40 minutes to Big Bear ski resorts and 15 minutes to Lake Arrowhead Village. This is a quintessential mountain getaway cabin!
| |||
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
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: SIMONE KNEPPER, COLDWELL BANKER SKY RIDGE RLTY
Last Updated: 5 months ago
Data Source: CRMLS, MLS# EV19212487
Last Updated: 5 months ago
Data Source: CRMLS, MLS# EV19212487
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