Listed by: VICTORIA DAVIS, PINES TO PALMS REAL ESTATE
$500,000
●
House -
Off Market
450 Pioneer Road
Lake Arrowhead, CA 92352
3 Beds
2 Baths
1,680 Ft²
$2,456
Est. Monthly
About This Property
"A-Frame Wall eagerly awaits your eye for restoration and
appreciation. Nestled in serene surroundings, this home has
remained cherished by its owners for 15 years and is now ready to
be passed on to you. Enjoy the tranquil beauty of snowfall through
expansive glass walls, creating a seamless connection with nature.
The open kitchen flows into the living room, leading to a beautiful
deck perfect for relaxation.
The home features two bedrooms and a loft bedroom, complemented by a cozy bar and game room downstairs. Step onto the expansive lower deck, ideal for unwinding amidst the peaceful surroundings. Both decks and the entryway are crafted from maintenance-free trek decking, ensuring durability and ease of upkeep."
The home features two bedrooms and a loft bedroom, complemented by a cozy bar and game room downstairs. Step onto the expansive lower deck, ideal for unwinding amidst the peaceful surroundings. Both decks and the entryway are crafted from maintenance-free trek decking, ensuring durability and ease of upkeep."
Unit Size
1,680 Ft²
Days on Market
37 days
Land Size
0.21 acres
Price per sqft
$298
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1965
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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 #EV24133619)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 5, 2024 | Sold | ||
| Sold | |||
| Jun 29, 2024 | Listed by PINES TO PALMS REAL ESTATE | $500,000 | |
| Listed by PINES TO PALMS REAL ESTATE | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Lake Arrowhead
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Listed by: VICTORIA DAVIS, PINES TO PALMS REAL ESTATE
Last Updated: 3 years ago
Data Source: CRMLS, MLS# EV24133619
Last Updated: 3 years ago
Data Source: CRMLS, MLS# EV24133619
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