37
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40356 Cliff Lane
About This Property
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 16, 2026 | In contract | - | |
| In contract | |||
| Aug 17, 2026 | Price Decreased |
$474,900
↓ $25K
(5%) | |
| Price Decreased | |||
| Jul 1, 2026 | Listed by COMPASS | $499,900 | |
| Listed by COMPASS | |||
| Mar 28, 2025 | Listed | $549,000 | |
| Listed | |||
| | |||
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Nestled in the heart of Big Bear Lake, this spacious 1,271 sq. ft. home offers a peaceful escape with a perfect blend of comfort and rustic charm. Featuring two cozy bedrooms and two well-appointed bathrooms, this home is ideal for relaxing after a day of outdoor adventures.
Inside, you'll appreciate the tongue-and-groove wood accents that add a warm, inviting touch to every room. Step outside to discover a fantastic outdoor living space, including a hot tub on the deck, perfect for unwinding under the stars. The deck also serves as a convenient covered parking spot. You'll also find a private zen inspired sauna room and a workshop shed, offering plenty of space for hobbies or additional storage.
This home has been a successful Airbnb, offering the perfect balance of privacy and proximity to Big Bear's popular attractions. Located just minutes from the lake and the vibrant Village shops and restaurants, this property provides both tranquility and convenience. Whether you're looking for a weekend getaway, a full-time mountain retreat, or an investment opportunity, this property is a must-see! **OWNER FINANCING AVAILABLE**
Come experience the best of Big Bear Lake living!
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| Apr 25, 2024 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017