$249,000
●
House -
Off Market
39907 Forest Road
Big Bear, CA 92315
2 Beds
0 Bath
700 Ft²
$369,492
RealtyHop Estimate
48.39%
Since May 1, 2019
National-US
Primary Model
About This Property
Fullfill your mountain dreams and scoop up this fully furnished
enchanting Big Bear Lake mountainy cabin with an expansive new deck
nestled in the pines on a double, level lot in such a desirable,
central neighborhood! With the location just 1/5th mile from
Holloway's marina, ½ mile to lake access at Fisher Road, the
village shops, restaurants, hiking very close, and ski areas 5-10
minutes away, it's the perfect location to be able to enjoy Big
Bear Lake and have this property be your vacation getaway, with
possible rental income to supplement your mortgage!
Maintained with love by these owners since 1999, enjoy
soaring vaulted and beamed wood ceilings, tongue and groove wood
walls, a 5-year old roof, a new water heater, a new heater, new
dual pane windows on the east wall, two new ceiling fans, a
security system, and a concrete almost circular driveway that parks
3! Enjoy sunrise views to the east and sunset views to the
westl! One bedroom is a large sleeping loft with plentiful
storage!
Unit Size
700 Ft²
Days on Market
62 days
Land Size
0.11 acres
Price per sqft
$356
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1969
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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 #EV19020048)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 30, 2021 | No longer available | - | |
| No longer available | |||
| Oct 26, 2021 | In contract | - | |
| In contract | |||
| Oct 15, 2021 | No longer available | - | |
| No longer available | |||
| Oct 8, 2021 | Listed by Keller Williams Big Bear | $496,000 | |
| Listed by Keller Williams Big Bear | |||
| | |||
|
Nestled amid beautiful pines in a great location delivering "Mtn Magic" in many ways! Boasting rich wood details modern industrial-style touches & cathedral dual-pane front windows. The cozy wood-burning fireplace & 55" TV above is an ideal spot to snuggle up or just enjoy the company of friends. Available to purchase "Ready-to-Go" with Furniture~Decor~Linens~Kitchenware~Outdoor Furniture, Fire Pit, Deck Heater & MORE! The soaring & beamed wood ceilings combined w/ the desirable open floorplan make this cabin feel much larger its size. Experience sunrises from the expansive deck and sunsets from the backyard or spa. Upgrades include: replaced wall heater & water heater~Wonderful 6-person spa~Professionally installed, wood fence to add privacy~large shed w/ power & stackable W/D combo & the roof approx 7 yrs. Minutes to the marina & public lake access at Fisher Rd. w/ the Village & Snow Summit nearby. This cabin would be wonderful as a personal retreat &/or income producing rental. The manager has listed the unit size as 700 square feet.
| |||
| Apr 3, 2019 | Sold | ||
| Sold | |||
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Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Big Bear Lake
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Listed by: CARIN BAKER, COLDWELL BANKER SKY RIDGE RLTY
Last Updated: 4 months ago
Data Source: CRMLS, MLS# EV19020048
Last Updated: 4 months ago
Data Source: CRMLS, MLS# EV19020048
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