Listed by: Bob Angilella, RE/MAX Big Bear
$479,900
●
House -
Off Market
403 Eureka Drive
Big Bear, CA 92315
2 Beds
1 Bath
945 Ft²
$496,175
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model
About This Property
Fantastic location for this classic Big Bear Sierra style home,
with huge fenced-in backyard and a spacious back deck for
gatherings with friends and family. The interior has gorgeous
beamed pine ceilings, a stone wood-burning fireplace, open kitchen
and living areas. One full upgraded bathroom and two bedrooms. This
home was generating income via a vacation rental. The location is
prime and is one block from Swim Beach and Meadow Park. The park
offers: Pickleball, tennis, softball, soccer field, picnic areas
and a doggy park too. In addition, there is a childrens' playground! Also, 10 minutes walking distance to Big Bear Lake
village! This classic Sierra style cabin has it all, and is ready
to enjoy. The home comes furnished per seller inventory!
Unit Size
945 Ft²
Days on Market
52 days
Land Size
0.16 acres
Price per sqft
$508
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1962
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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: 3 years ago (CRMLS #219080569DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 8, 2022 | Sold | ||
| Sold | |||
| Jun 17, 2022 | Listed by RE/MAX Big Bear | $479,900 | |
| 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
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Type
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ft²
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HOA + Taxes
About Big Bear Lake
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Listed by: Bob Angilella, RE/MAX Big Bear
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219080569DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219080569DA
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