Listed by: Michael Sannes, RE/MAX Big Bear
$420,000
●
House -
Off Market
42975 Falls Avenue
Big Bear, CA 92315
2 Beds
2 Baths
805 Ft²
$444,913
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model
About This Property
Excellent location: You'll love the alpine setting and just a short
stroll to Bear Mountain Ski Resort and Golf Course from this scenic
Moonridge cabin. Two bedrooms, two bathrooms, central heat, dual
pane windows and gorgeous tree-top and serene mountain views from
elevated front deck make this the one for you. Room for the whole
crew with full bath, bunk beds and pull-out sleeper downstairs, and
spacious bedroom with open living, kitchen and dining areas
upstairs. Adorable custom mural in parking area, cozy fireplace in
living room and over 150 5-Star reviews on Air B&B make this
one special so make sure its on your list to see and hurry...
Unit Size
805 Ft²
Days on Market
38 days
Land Size
0.06 acres
Price per sqft
$496
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1983
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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 #219068824PS)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 19, 2021 | Sold | ||
| Sold | |||
| Oct 12, 2021 | Listed by RE/MAX Big Bear | $399,000 | |
| Listed by RE/MAX Big Bear | |||
| Nov 5, 2018 | No longer available | - | |
| No longer available | |||
| Oct 16, 2018 | Listed | $225,000 | |
| Listed | |||
| | |||
|
Beautiful Cabin with tree-top views right around the corner from the BEAR MOUNTAIN SKI SLOPES and the GOLF COURSE! Throw your skis and snowboards over your shoulder -- it's so close you can WALK to the Ski Slopes, and the Golf Course too! AMAZING location for full time or Vacation Rental Income. This well kept, clean 2 bedroom/2 bath is currently on a very successful AirBnB, and it's booked so often you may have to be patient to get in to see it, but once you do it will be worth it. Gorgeous hiking trails are just around the corner, AMAZING 180 DEGREE TREE-TOP VIEWS off the deck, this is an incredible deal for quality and location and it comes furnished for a good offer. Just 5 minutes from shopping and the Lake, you will fall in love with this gem. Remember, in real estate there are only three rules: Location, Location, Location... And this cabin has those 3 rules of real estate in near perfection. The manager has listed the unit size as 805 square feet.
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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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HOA + Taxes
About Big Bear Lake
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Listed by: Michael Sannes, RE/MAX Big Bear
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219068824PS
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219068824PS
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