Listed by: KENNETH SIMONDS, KELLER WILLIAMS BIG BEAR
$265,000
●
House -
Off Market
518 Sunset Lane
Big Bear, CA 92386
2 Beds
1 Bath
1,072 Ft²
$1,375
Est. Monthly
About This Property
This Sugarloaf cabin comes with mountain charm, featuring open beam
ceilings, extensive use of tongue and groove on ceilings and walls,
a wood burning fireplace in the living room, dual pane windows in
bedrooms, front and rear decks, spa in the fenced back yard, and
the classic Gambrel architecture that so many love! Tool shed in
the back for extra storage, and located near public transit, local
convenience store and restaurant, as well as hiking trails, this
home could make a great residence, getaway, or investment! This
property has loads of potential to customize the fixtures and
finishes to your personal style. Tongue and groove and flooring
materials will be left by the sellers for you to continue their
work, or bring your own!
Unit Size
1,072 Ft²
Days on Market
82 days
Land Size
0.05 acres
Price per sqft
$261
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1976
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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 #EV24109982)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 21, 2024 | Sold | ||
| Sold | |||
| Aug 8, 2024 | In contract | - | |
| In contract | |||
| May 31, 2024 | Listed by KELLER WILLIAMS BIG BEAR | $279,900 | |
| Listed by KELLER WILLIAMS BIG BEAR | |||
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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Listed On
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Sold On
Sold On
HOA + Taxes
About Big Bear City
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Listed by: KENNETH SIMONDS, KELLER WILLIAMS BIG BEAR
Last Updated: 3 years ago
Data Source: CRMLS, MLS# EV24109982
Last Updated: 3 years ago
Data Source: CRMLS, MLS# EV24109982
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