$223,900
●
House -
Off Market
500 W Rainbow Boulevard
Big Bear, CA 92314
3 Beds
1 Bath
912 Ft²
$329,133
RealtyHop Estimate
47.00%
Since Jul 1, 2019
National-US
Primary Model
About This Property
This adorable Sierra Style home is located on a 5,000 sqft corner
lot with a spacious newer low maintenance trex deck, & super cute
white accents on stained-wood siding. There's parking in front of
the garage, plus room for 2 cars inside. This well treed lot has
peek-a-boo views of Gold Mtn, & has a fenced dog run for safety.
Inside, the open floor plan living room & kitchen has vaulted open
beam T&G ceilings-which carry into bedrooms, a huge brick
fireplace, built-in dining, solid wood cabinets, & a garden window.
The tasteful rustic decor add to the cabin quality. The bathroom
has been extensively remodeled with stone counter, wood-style tile
floors, soothing paint scheme & tub-in-shower combo. A great
feature for this vintage cabin is the upgraded forced air unit,
plus extensive ceiling fans for warm summers & cozy winters. The
build-up area under the house has had a concrete floor added, plus
a heating vent, & washer & dryer hookups with appliances.
Unit Size
912 Ft²
Days on Market
35 days
Land Size
0.11 acres
Price per sqft
$246
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: 10 months ago (CRMLS #EV19102440)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 7, 2019 | Sold | ||
| Sold | |||
| May 3, 2019 | Listed by KELLER WILLIAMS REALTY | $223,900 | |
| Listed by KELLER WILLIAMS REALTY | |||
Property Highlights
Garage
Parking Available
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
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Closing Price
Sold On
Sold On
HOA + Taxes
About Big Bear City
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Listed by: KENNETH SIMONDS, KELLER WILLIAMS REALTY
Last Updated: 10 months ago
Data Source: CRMLS, MLS# EV19102440
Last Updated: 10 months ago
Data Source: CRMLS, MLS# EV19102440
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