383 Springhill Place
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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%.
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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.
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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 |
|---|---|---|---|
| Mar 13, 2024 | Sold | ||
| Sold | |||
| Aug 16, 2023 | Listed by Re/Max Big Bear | $1,980,000 | |
| Listed by Re/Max Big Bear | |||
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Nestled in Castle Glen Estates, this 5 bedroom, 3 1/2 bath home boasts an unparalleled position above Big Bear Lake with stunning westward views of mountains, lake, and ski slopes. Watch as the mountains and lake reflect the sun's last rays from the comfort of the various viewing decks. Secluded at the cul-de-sac end, this residence rests on an expansive lot, perfect for outdoor gatherings. The main living space features a chef's kitchen, formal dining, a hearth, bar seating, and a gaming area. A spacious deck extends from this space, embracing the breathtaking mountain setting. The master suite, lavishly appointed, includes a large bathroom with a spa tub and a large glassed shower. The entry level accommodates guests effortlessly, housing four additional bedrooms including a 2nd suite and a generously sized den. Lakeview from both levels of decking and a large lot with a dog run and plenty of room to play in the snow. Don't miss the chance to claim this slice of paradise.
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| Jan 20, 2021 | Sold | ||
| Sold | |||
| Jul 1, 2020 | Listed by Berkshire Hathaway HomeServices California Properties | $1,499,000 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
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Taking Backup Offers. An oasis of luxury and refinement for all four seasons.
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| Jul 29, 2017 | Listed | $1,449,000 | |
| Listed | |||
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MOUNTAIN CHIC 2 Master Suites, 3 Gorgeous Additional Guest Rooms, 2 Flagstone Fireplaces, Chef's Kitchen, Unobstructed Commanding Lake Views, Vaulted Exposed Rustic Timber Beamed Ceilings, Distinguished ONE-OF-A-KIND Designer Furnishings, Walls of Glass, Granite Slab Counters, Custom Bathroom Suites, Built-In Speakers, Security System. Dock A-3 Available Separately At Pine Knott landing Marina. The manager has listed the unit size as 3500 square feet.
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About Big Bear Lake
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017