Listed by: Steve Hirschler, Keller Williams Big Bear Lake Arrowhead
$325,000
●
House -
Off Market
399 Highland Lane
Sugarloaf, CA 92386
2 Beds
2 Baths,
1
Half Bath
896 Ft²
$1,665
Est. Monthly
About This Property
You're going to love this upgraded Gambrel that sits on a 5000 sq
ft lot. Fenced back yard with a storage shed. 4 outdoor decks
including upper and lower decks on the front and back of the home.
Current owner has completed the following updates during his
ownership: Replaced roof, remodeled the kitchen with granite
counter tops, electrical panel upgrade to 200-amp, dual pane
windows, and log style siding on the front of the home. Wood
burning fireplace in living room, laminate flooring downstairs.
Front load washer and dryer in the full bath downstairs. Two large
bedrooms upstairs each with a slider and private deck. The rear
bedroom has a convenient 1/2 bath. Nicely treed front yard allows
for multiple parking areas and a spot for an RV or boat.
Unit Size
896 Ft²
Days on Market
111 days
Land Size
0.11 acres
Price per sqft
$378
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1977
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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: 2 years ago (CRMLS #219115731PS)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 12, 2024 | Sold | ||
| Sold | |||
| Nov 7, 2024 | In contract | - | |
| In contract | |||
| Oct 30, 2024 | Price Decreased |
$339,000
↓ $11K
(3.1%) | |
| Price Decreased | |||
| Oct 16, 2024 | Relisted | $349,900 | |
| Relisted | |||
| Oct 12, 2024 | In contract | - | |
| In contract | |||
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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
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Big Bear City
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Listed by: Steve Hirschler, Keller Williams Big Bear Lake Arrowhead
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219115731PS
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219115731PS
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