Listed by: CECILIA PONCE DE LEON, KELLER WILLIAMS LAKE ARROWHEAD
$425,000
●
House -
Off Market
524 Clark Drive
Blue Jay, CA 92317
3 Beds
1 Bath
840 Ft²
$2,270
Est. Monthly
$182
HOA / Fees
7.67%
Cap Rate
About This Property
Welcome to your serene sanctuary! This delightful three-bedroom is
nestled amidst a lush landscape filled with vibrant flowers and
towering trees, offering a perfect blend of tranquility and beauty.
Located at the end of a cul-de-sac, this enchanting cabin has a
charming eating area surrounded by windows for natural light,
beautiful kitchen cabinets with vintage stove. Some upgrades
include central A/C and heat, a whole house humidifier, Smart
thermostat and the house electrical was rewired in 2016 and newly
installed double-pane windows throughout. This is one of the
largest lots in community. This home is a perfect retreat for
nature lovers and those seeking a peaceful lifestyle. Don't miss
this opportunity to own your own slice of paradise!
Unit Size
840 Ft²
Days on Market
43 days
Land Size
0.33 acres
Price per sqft
$506
Property Type
House
Property Taxes
-
HOA Dues
$182
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: 2 years ago (CRMLS #EV24148436)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 3, 2024 | Sold | ||
| Sold | |||
| Nov 8, 2024 | In contract | - | |
| In contract | |||
| Nov 2, 2024 | Price Decreased |
$425,000
↓ $60K
(12.4%) | |
| Price Decreased | |||
| Oct 19, 2024 | Listed by KELLER WILLIAMS LAKE ARROWHEAD | $485,000 | |
| Listed by KELLER WILLIAMS LAKE ARROWHEAD | |||
Property Highlights
Air Conditioning
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
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Lake Arrowhead
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Listed by: CECILIA PONCE DE LEON, KELLER WILLIAMS LAKE ARROWHEAD
Last Updated: 2 years ago
Data Source: CRMLS, MLS# EV24148436
Last Updated: 2 years ago
Data Source: CRMLS, MLS# EV24148436
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