1
Map
$527,000
●
House -
Off Market
53352 Sherman Drive
Idyllwild, CA 92549
3 Beds
1 Bath
1,817 Ft²
$799,038
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model
About This Property
This secluded getaway is nestled amidst the grand oaks and pines of
beautiful Pine Cove in Idyllwild, CA. Unique design is a
12-sided custom home built by Charles Clayton. Offering 1817
sq ft of living space, three bedrooms and two baths. The
Kitchen and baths have tile counters and cabinetry with detailed
wood work. The Master Bedroom is spacious with a soaking tub
in the master bath. The cedar lined interior and open beam
space allow Radiant Sunlight thru the french doors of the dining
room. Dual pane windows with views of the natural
surroundings. Chilly mornings or evenings beckon you to warm
yourselves by the handcrafted fireplace also built by Charlie
Clayton. The Red wood wrap around patio is for all seasons.
Two car garage, plus carports, shop and additional out
buildings. Room for toys , RV, boat, etc... all sitting on an
oversized acre lot.
Unit Size
1,817 Ft²
Days on Market
95 days
Land Size
1.05 acres
Price per sqft
$314
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1982
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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: 4 months ago (CRMLS #SW20053444)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 11, 2020 | Sold | ||
| Sold | |||
| Mar 8, 2020 | Listed by Century 21 McDaniel & Assoc. | $569,900 | |
| Listed by Century 21 McDaniel & Assoc. | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Forest Lake Estates
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Listed by: Susan Pippin, Century 21 McDaniel & Assoc.
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW20053444
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW20053444
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