$114,000
●
House -
Off Market
588 Sunset Lane
Sugarloaf, CA 92386
2 Beds
1 Bath
896 Ft²
$204,026
RealtyHop Estimate
77.41%
Since Dec 1, 2015
National-US
Primary Model
About This Property
GREAT VALUE FOR SMALL PRICE! 2 BEDS, 1 BATH WITH W/D HOOKUPS AND
KITCHEN APPLIANCES. WOOD BURNING FIREPLACE ALONG WITH A SHED
IN THE BACK YARD. PRODUCING FRUIT TREES ALONG DRIVEWAY. LOT BEHIND
THIS HOUSE IS 7500 SQ. FT. AND IS ALSO FOR SALE.
Unit Size
896 Ft²
Days on Market
122 days
Land Size
0.06 acres
Price per sqft
$128
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: 10 months ago (CRMLS #EV15122402)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 5, 2022 | No longer available | - | |
| No longer available | |||
| Feb 4, 2022 | Listed by Ronald Christopher & Assoc. | $445,000 | |
| Listed by Ronald Christopher & Assoc. | |||
| | |||
|
Recently updated cabin with newer flooring, updated kitchen with new cabinets, quartz counters, and stainless-steel appliances, including a dishwasher! This amazing cabin is turnkey furnished, with a newer jacuzzi, firepit, and BBQ! Enter into the living room with wood burning fireplace and venture into the updated kitchen with shiplap walls, washer and dryer, and updated bathroom with tiled shower. Two spacious bedrooms upstairs. New Mini split A/C installed last year. This is a turnkey vacation rental; basically, close escrow and you are ready to turn a profit. Everything included in sale. The first booking was 1/15/2021 and the total revenue through 1/31/22 (12.5 months) was $75,363.56. The manager has listed the unit size as 896 square feet.
| |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Oct 20, 2020 | In contract | - | |
| In contract | |||
| Oct 15, 2020 | Listed | $274,888 | |
| Listed | |||
| | |||
|
Enter into mountain modern in this like-new renovated Sugarloaf home. New flooring, drywall, interior custom shiplap kitchen walls, kitchen cabinets, appliances, custom tile shower, carpet, and paint are only a few of the renovations completed. Escape into elegance with a fireplace ready for those cold wintery days. Custom lighting with Edison bulbs illuminates the front room and custom kitchen. The kitchen is prepared for any chef, with new appliances, custom quartz countertops, and a deep sink for prep. The entire downstairs has waterproof vinyl wood-style flooring, which is great for your mountain getaway. Enjoy your matching custom quartz countertop and vanity in your bathroom with a custom tile shower. Upstairs, you have 2 large rooms. The master contains an oversized closet and a private deck. Sip your morning coffee as birds serenade you to living in the mountains. Don't miss out on seeing this stunning home in person! _____________________________________________________ The manager has listed the unit size as 896 square feet.
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About Big Bear City
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Listed by: Becki Wheeler, RE/MAX BIG BEAR
Last Updated: 10 months ago
Data Source: CRMLS, MLS# EV15122402
Last Updated: 10 months ago
Data Source: CRMLS, MLS# EV15122402
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