$455,000
●
House -
Off Market
39533 Gilner Drive
Big Bear Lake, CA 92315
3 Beds
1 Bath
975 Ft²
$476,012
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model
About This Property
Welcome to the picturesque Westmoreland Cabin - on the market for
the first time in over 60 years! This much adored family escape is
the epitome of classic Big Bear mountain charm. Sits on a well
treed lot with an expansive well cared for lawn at the entry. Just
STEPS from public lake access to enjoy walking, paddle boarding,
kayaking and more! Has been meticulously maintained and loved over
the many years of ownership. Recently painted exterior and newer
roof. Original wood floors, vaulted ceilings and native rock
fireplace are just a few of the notable features. Bedroom and
bathroom on main level and spacious loft upstairs. Ideal location
just moments from the village restaurants and shopping. You don't
want to miss this one - this is your chance to own a piece of
history!
Unit Size
975 Ft²
Days on Market
55 days
Land Size
0.18 acres
Price per sqft
$491
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1954
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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: 10 months ago (CRMLS #PW23130833)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 9, 2023 | Sold | ||
| Sold | |||
| Jul 16, 2023 | Listed by Re/Max Big Bear | $479,000 | |
| Listed by Re/Max Big Bear | |||
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
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Sold On
Sold On
HOA + Taxes
About Big Bear Lake
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Tyler Wood, Re/Max Big Bear
Last Updated: 10 months ago
Data Source: CRMLS, MLS# PW23130833
Last Updated: 10 months ago
Data Source: CRMLS, MLS# PW23130833
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