1
Map
$700,000
●
House -
Off Market
403 Rainier Road
Lake Arrowhead, CA 92352
3 Beds
2 Baths,
1
Half Bath
1,920 Ft²
$839,346
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model
About This Property
Classic 1970's A-Frame. This home boasts the Mid-Mod feel
throughout. This is a true A-Frame and has been so well cared for.
Once you enter this home you'll feel the good vibes and enjoy the
light bright atmosphere. On the main floor you'll find 2 bedrooms
and a full bath, along with the kitchen and living room with the
coveted vaulted ceilings and wall of windows. You look out into
trees from the living room and front deck. Upstairs you'll find a
loft (with secret room) and the Master Bedroom and bath. Downstairs
is an entertainers delight with checkered floors, half bath,
laundry and a slider to the outside. This home has Dual pane
windows, updated electrical panel installed just last year, updated
kitchen, and it comes fully furnished turn key. You'll love the way
this home sits on the lot, allowing privacy all around and there is
plenty of decks to enjoy the outside. Don't let this mountain cabin
get away from you, and YES it has Lake Rights.
Unit Size
1,920 Ft²
Days on Market
29 days
Land Size
0.21 acres
Price per sqft
$352
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1970
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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 #RW2300129)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 5, 2021 | Sold | ||
| Sold | |||
| Feb 4, 2021 | Listed by COLDWELL BANKER SKY RIDGE RLTY | $675,000 | |
| Listed by COLDWELL BANKER SKY RIDGE RLTY | |||
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 Lake Arrowhead
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: MICHELLE CALKINS, COLDWELL BANKER SKY RIDGE RLTY
Last Updated: 4 months ago
Data Source: CRMLS, MLS# RW2300129
Last Updated: 4 months ago
Data Source: CRMLS, MLS# RW2300129
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