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32988 Arrowbear Dr
About This Property
Inside, this charming 2 bedroom home features laminate flooring throughout the living areas, tongue and groove natural stain ceilings in the bedrooms that are positioned downstairs for added privacy. The larger bedroom includes a WALK-IN CLOSET and a private balcony, while bathrooms on each level add everyday convenience. Dual pane windows bring in abundant natural light and improved energy efficiency. The inviting living room centers around a cozy WOOD BURNING FIREPLACE and opens to a balcony perfect for grilling and enjoying the mountain air. A functional indoor laundry room and partially furnished including major appliances makes the home even more move-in ready.
Major system upgrades include a WHOLE HOUSE GENERATOR, a water heater approximately 4 years old, and a furnace less than 10 years old.
Step outside to a private, FLAT BACKYARD framed by a seasonal stream, and ample space for relaxing or entertaining with views of natural boulders. Gardeners will appreciate the dedicated garden area, ideal for growing fruit trees, flowers, herbs, or vegetables in the fresh mountain climate.
Whether you're seeking a full time residence, a weekend escape, or an investment opportunity, this home blends charm, functionality, and an exceptional location near Southern California's PREMIER MOUNTAIN DESTINATIONS.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 17, 2026 | Sold | ||
| Sold | |||
| Jul 20, 2026 | In contract | - | |
| In contract | |||
| Jul 10, 2026 | Price Decreased |
$290,000
↓ $20K
(6.5%) | |
| Price Decreased | |||
| May 18, 2026 | Listed by PRIME PROPERTIES | $310,000 | |
| Listed by PRIME PROPERTIES | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017