$260,000
●
House -
Off Market
608 Ridge Place
Crestline, CA 92325
1 Bed
1 Bath
640 Ft²
$267,624
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model
About This Property
Adorable vintage 1930's cabin! This home will grab your heart as
soon as you step foot inside. The current owner has taken pride in
the era of the home. You'll find an all one level home with 1
bedroom and 1 bath. The kitchen boast so much charm including a
dutch door. Imagine, soaking in your clawfoot tub, relaxing on the
back deck surrounded by trees, or snuggled up next to the fire from
your wood burning stove! Home is located on a cul-de-sac, is
located close to town and lake, and is in a great commuter spot.
This would make for the perfect full time or part time living.
There is even a laundry space under the home in the build up. Don't
pass up this adorable mountain charmer.
Unit Size
640 Ft²
Days on Market
57 days
Land Size
0.20 acres
Price per sqft
$352
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1930
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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 #RW2300355)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 12, 2021 | Sold | ||
| Sold | |||
| Mar 16, 2021 | Listed by COLDWELL BANKER SKY RIDGE RLTY | $225,000 | |
| Listed by COLDWELL BANKER SKY RIDGE RLTY | |||
| Aug 29, 2017 | Listed | $141,000 | |
| Listed | |||
| | |||
|
Adorable cabin on a double lot with many upgrades! Rare level entry one story cabin. Open living room and kitchen. Kitchen has recently been updated. New flooring throughout, new wood burning stove, new central heating and the home has been recently insulated. New back deck with a beautiful secluded backyard. The manager has listed the unit size as 640 square feet.
| |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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ft²
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HOA + Taxes
About Crestline
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Listed by: MICHELLE CALKINS, COLDWELL BANKER SKY RIDGE RLTY
Last Updated: 4 months ago
Data Source: CRMLS, MLS# RW2300355
Last Updated: 4 months ago
Data Source: CRMLS, MLS# RW2300355
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