Listed by: CINDY STAHL, KELLER WILLIAMS LAKE ARROWHEAD
$725,000
●
House -
Off Market
351 Sunset Drive
Lake Arrowhead, CA 92352
4 Beds
3 Baths,
1
Half Bath
1,723 Ft²
$3,683
Est. Monthly
About This Property
Welcome to this Magical Quintessential Fairytale Cottage Located
Lake side in the Palisades area of Lake Arrowhead! A One of a Kind
Vintage (circa 1943) Home Restored to Perfection. Absolutely
Charming! From the Inviting Front Entry Dutch Door to the Intricate
Details in Every Corner. Custom Features Include Open Beamed
Ceilings, Tongue & Groove Paneling, Curated Light Fixtures, Custom
Cabinetry, an Antique Built In Closet, a Cast Iron Soaking Tub,
Dual Pane Jeld Wen Wooden Crank Windows with Retractable Screens,
Glazed Porcelain Tiles, Marble Kitchen Counter top, Custom
Cabinetry, an Authentic 1950 Wedgewood Stove, Beautiful Oak Wood
Flooring, Sky lights, Air Conditioning, Immense Storage, and a very
Flexible and Sensible Floor Plan. Situated on a Completely Level
and Amazingly Well Landscaped Parcel with Meandering Stone Walk
Ways, a Picket Fence, an Amish Gazebo, a beautiful Cherib Fountain
and even a "She Shed" that could even become an Artist Studio. This
Is Simply One of the Most Romantic and Well Priced Homes of the
Year! She Won't Last!
Unit Size
1,723 Ft²
Days on Market
20 days
Land Size
0.11 acres
Price per sqft
$435
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1946
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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: 3 years ago (CRMLS #EV24180411)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 20, 2024 | Sold | ||
| Sold | |||
| Sep 13, 2024 | In contract | - | |
| In contract | |||
| Aug 31, 2024 | Listed by KELLER WILLIAMS LAKE ARROWHEAD | $750,000 | |
| Listed by KELLER WILLIAMS LAKE ARROWHEAD | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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Baths
ft²
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Asking Price
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Listed On
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Sold On
Sold On
HOA + Taxes
About Lake Arrowhead
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Listed by: CINDY STAHL, KELLER WILLIAMS LAKE ARROWHEAD
Last Updated: 3 years ago
Data Source: CRMLS, MLS# EV24180411
Last Updated: 3 years ago
Data Source: CRMLS, MLS# EV24180411
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