$187,050
●
House -
Off Market
438 Cedarbrook Drive
Twin Peaks, CA 92391
1 Bed
1 Bath
468 Ft²
$224,804
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model
About This Property
Charming old cabin sitting high on the hill in a very nice heavily
treed Twin Peaks neighborhood. Wood walls and ceiling.
Manufactured wood flooring and wood burning stove in Living
Room. Nice privacy on this large lot.
Unit Size
468 Ft²
Days on Market
48 days
Land Size
0.23 acres
Price per sqft
$404
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1947
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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: 5 months ago (CRMLS #RW2300415)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 25, 2022 | No longer available | - | |
| No longer available | |||
| Jan 29, 2022 | Listed by Compass | $289,000 | |
| Listed by Compass | |||
| | |||
|
Quaint cabin in a beautifully wooded neighborhood. The house sits on the hill of this large lot to provide a private vibe on a quiet street. Wood walls and ceilings with a wood burning stove. Current owner opened up the kitchen to the living room to create an open floor plan. Upgrades include: resurface and patch driveway, cleaned/sanitized/re-insulated attic, remodeled bathroom and kitchen, restrained and replaced damaged cedar shake siding, new plumbing that has been insulated including new gas lines, added laundry, new tile and floor in bathroom/closet, repaired retaining walls, added 20amps to panel (have permission from Edison for 220 panel if new owners would like to upgrade), new fridge and hood. Contact Matthew to schedule a viewing. Viewings to begin Tuesday February 1. The manager has listed the unit size as 468 square feet.
| |||
| May 12, 2021 | Sold | ||
| Sold | |||
| Mar 24, 2021 | Listed by Hallam Homes | $189,000 | |
| Listed by Hallam Homes | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
Beds
Baths
ft²
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Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Lake Arrowhead
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Listed by: Charles Hallam, Hallam Homes
Last Updated: 5 months ago
Data Source: CRMLS, MLS# RW2300415
Last Updated: 5 months ago
Data Source: CRMLS, MLS# RW2300415
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