Listed by: Bob Angilella, RE/MAX Big Bear
$600,000
●
House -
Off Market
46825 Arastre
Big Bear, CA 92314
2 Beds
3 Baths
3,156 Ft²
$738,605
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model
About This Property
EQUESTRIAN PROPERTY! This home has legal square footage of 3,156
sq. ft. on the main level. However, the bottom level is approx.
1,500 sq. ft. with access to the 3 car garage & attached sun room.
There is an additional storage area off the basement level. The
basement level is finished, but is not permitted. In addition there
is a huge attic, which is used for storage but could easily be
converted into a third floor. The main floor offers a large living
room area with a wood burning fireplace. The kitchen is open & some
of the appliances are not functioning. The laundry room is
spacious. There are two bedrooms on the main floor, one is a master
bedroom with a full master bathroom. There is one additional room
which is being used as a bedroom, however, it is not permitted as
one. The home sits on over 2.1 acres, has its own water well,
propane & a septic tank with a possible leach field. There is an
older smaller tack room & small horse stalls. This home is being
sold As-Is condition.
Unit Size
3,156 Ft²
Days on Market
174 days
Land Size
2.11 acres
Price per sqft
$222
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1996
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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 #219078777DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 4, 2022 | Sold | ||
| Sold | |||
| May 14, 2022 | Listed by RE/MAX Big Bear | $699,900 | |
| Listed by RE/MAX Big Bear | |||
Property Highlights
With View
Fireplace
Garage
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
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Baths
ft²
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Sold On
Sold On
HOA + Taxes
About Big Bear City
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Listed by: Bob Angilella, RE/MAX Big Bear
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219078777DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219078777DA
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