$218,000
●
Condo -
Off Market
57 Meadow Lakes Drive
Tehachapi, CA 93561
2 Beds
2 Baths
1,224 Ft²
$1,634
Est. Monthly
$460
HOA / Fees
5.70%
Cap Rate
About This Property
Experience the charm of mountain living in this beautifully
upgraded condo located in the gated community of Bear Valley
Springs, nestled at 4,100 feet in the serene Tehachapi
Mountains.Key Features TWO STORY Layout: Featuring gorgeous shiplap
and soaring cathedral ceilings in the main living area, creating an
open and airy atmosphere.Upgraded Finishes: Enjoy the clean
and sleek look of new flooring and upgraded tiled
bathrooms.Energy-Efficient: New doors and windows ensure comfort
year-round, no matter the season.Cozy Fireplace: A natural gas
fireplace insert is perfect for chilly winter evenings, offering
warmth and ambiance.Outdoor Space: Relax on the covered patio,
privacy. Community Amenities:Oak Tree Country Club and golf course
Two picturesque lakes, perfect for relaxing and enjoying
natureTennis courts, pool, gym, and restaurants for recreational
and social activities Equestrian center and scenic trails for
outdoor enthusiasts Whether you're relaxing by the fireplace,
enjoying the breathtaking views, or taking advantage of the amazing
community amenities, this condo is the perfect place to call home.
Live your dream mountain lifestyle in the coveted Bear Valley
Springs community. Schedule a tour today!
Unit Size
1,224 Ft²
Days on Market
67 days
Land Size
6.98 acres
Price per sqft
$195
Property Type
Condo
Property Taxes
-
HOA Dues
$460
Year Built
1974
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Cap Rate Calculator
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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 (CLAW #25505347)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 8, 2025 | Sold | ||
| Sold | |||
| Mar 2, 2025 | Listed by eXp Realty of Greater Los Angeles | $239,000 | |
| Listed by eXp Realty of Greater Los Angeles | |||
Property Highlights
Parking Available
Fireplace
Parking Details
Parking Features: Assigned
Interior Details
Full Bathrooms: 2
Flooring Type: Carpet
Laundry Features: Common Area
Has Fireplace
Fireplace Features: Living Room
Exterior Details
Square Footage: 1224
Security Features: 24 Hour Security
Year Built: 1974
Building Area Total: 1224
Levels: Two
Pool Features: None
Lot Size Area: 304094
Lot Size Units: Square Feet
Lot Size Acres: 6.981
Lot Size Square Feet: 304094
Utilities Details
Cooling Type: None
Heating Type: Central
Location Details
HOA/Condo/Coop Amenities: Tennis Court(s), Trail(s)
HOA Fee: $300
HOA Fee Frequency: Monthly
Condo/Coop Fee: $1,920
Condo/Coop Fee Frequency: Annually
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/02/2025
| |
2 Bed
|
2 Bath
|
1224 ft²
|
$239,000
2 Bed
2 Bath
1224 ft²
|
$218,000
-8.79%
05/08/2025
|
Christopher Jones
eXp Realty of Greater Los Angeles
|
Building Info
About Bear Valley Springs
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Listed by: Christopher Jones, eXp Realty of Greater Los Angeles
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 25505347
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 25505347
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