$289,000
●
House -
Off Market
353 Downey Drive
Big Bear, CA 92314
3 Beds
2 Baths
1,479 Ft²
$425,429
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model
About This Property
Look no further, located just off Hwy 38 in Big Bear City, this
cozy cabin is in the highly sought after quiet neighborhood of Shay
Meadows. Delivering the magic of the mountains, this home boasts 3
beds and 2 baths with spacious living spaces, hardwood floors
throughout, covered front porch, vaulted ceilings, and a spacious
backyard with deck and workshop. This home features a master suite
on the main level along with a huge living room and a beautiful
soaring stone fireplace. Other features include an indoor laundry
and pantry with built-in wine rack, large backyard deck perfect for
entertaining. This home is perfect for a family or a vacation
rental. Your perfect mountain dream home is waiting.
Unit Size
1,479 Ft²
Days on Market
46 days
Land Size
0.17 acres
Price per sqft
$196
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1964
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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: 4 months ago (CRMLS #OC19101388)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 8, 2019 | Sold | ||
| Sold | |||
| May 23, 2019 | Listed by First Team Real Estate | $289,900 | |
| Listed by First Team Real Estate | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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ft²
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Sold On
HOA + Taxes
About Big Bear City
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Listed by: Brandice Presley, First Team Real Estate
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC19101388
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC19101388
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