Listed by: Mark Dolan, RE/MAX Big Bear
$1,400,000
●
House -
Off Market
42444 Bear Loop
Big Bear, CA 92314
6 Beds
7 Baths,
1
Half Bath
5,604 Ft²
$1,754,949
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model
About This Property
Own your own Big Bear Castle! Georgous custom home in Bear Loop
perfect suited for entertaining and comfortable living. Features
include Lutron Home automation system, lights, thermostats, video
surveillance system, oversized tankless water heater, professional
kitchen, 2 dishwashers, 48'' Dual fuel range.! Granite and stone
throughout,2 jacuzzi tubs, LED lighting in all fixtures, two
entrances with lockout for 2BR, 2 BATH area, 3 fireplaces, 3 zone
heating. Many extra bells and whistles, and custom features. This
home has been a top performing vacation rental and corporate
getaway.
Unit Size
5,604 Ft²
Days on Market
55 days
Land Size
0.20 acres
Price per sqft
$268
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2007
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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 #219060816PS)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 14, 2021 | Sold | ||
| Sold | |||
| Apr 20, 2021 | Listed by RE/MAX Big Bear | $1,499,900 | |
| Listed by RE/MAX Big Bear | |||
| Jan 22, 2020 | No longer available | - | |
| No longer available | |||
| Aug 31, 2019 | Price Decreased |
$1,349,000
↓ $50K
(3.6%) | |
| Price Decreased | |||
| Jul 19, 2019 | Listed | $1,399,000 | |
| Listed | |||
| | |||
|
WELL APPOINTED CUSTOM-BUILT EXECUTIVE HOME WITH A VIEW!! This luxuriously upgraded home is complete with 6 bedrooms and 6.5 bathrooms. With an open floor plan both up and downstairs and a professional kitchen this home is an entertainers dream. The kitchen is custom fitted with 48" Dacor professional dual fuel range, granite counter tops, built-in refrigerator, 2 dishwashers 2 sinks and large walk-in pantry. The entire home has been upgraded with Lutron home automation system lights, 3 zone heating and air with 2 separate nest thermostats, surveillance system, and LED lighting. This home is abound with space, guests can spend time in the great room, family room or living room. Additionally there are two eating areas, formal dining and large breakfast area. Upstairs features an additional living area, seperated wine/coffee bar, and pool table in great room. The property is accented with beautiful landscaping and 2 large porches accessible from both main and upper level. Additionally this home has received over $100,000 in the past two years from short term rentals. This home is an excellent opportunity for an investor or owner occupant! The manager has listed the unit size as 5800 square feet.
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Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About San Bernardino
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Listed by: Mark Dolan, RE/MAX Big Bear
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219060816PS
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219060816PS
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