Listed by: Jessica Duarte, RE/MAX Big Bear
$399,000
●
House -
Off Market
619 W Rainbow Boulevard
Big Bear City, CA 92314
2 Beds
1 Bath
692 Ft²
$421,065
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model
About This Property
You've found the perfect chalet style cabin nestled in the
mesmerizing mountain setting of Big Bear City. You will be welcomed
by a newly landscaped front yard and new front deck. Enter into the
open concept kitchen with a unique tin backsplash. Vaulted tongue
and groove ceilings offer an open feel to the family gathering
space. Play some board games, sit around the crackling wood stove,
or enjoy a movie! The spacious loft upstairs overlooks the
backyard. Open the windows and enjoy the cool mountain breeze! The
main floor bedroom also has a door leading to the expansive back
patio, a great place to relax and enjoy a BBQ. This serene location
offers a perfect escape from the everyday hustle & bustle, less
than a 10 minute drive to Bear Mountain, Snow Summit, the Zoo,
golf, and The Village.
Unit Size
692 Ft²
Days on Market
122 days
Land Size
0.06 acres
Price per sqft
$577
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1971
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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: 3 years ago (CRMLS #219081965PS)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 15, 2022 | Sold | ||
| Sold | |||
| Jul 16, 2022 | Listed by RE/MAX Big Bear | $399,000 | |
| Listed by RE/MAX Big Bear | |||
| Aug 5, 2021 | Sold | ||
| Sold | |||
| Jun 24, 2021 | Listed by RE/MAX Big Bear | $339,900 | |
| Listed by RE/MAX Big Bear | |||
| | |||
|
Wonderful chalet style mountain cabin, furnished and ready to enjoy! This lovely cabin features beamed ceilings, lots of pine T&G, wood burning fireplace, and comes furnished per seller inventory. Spacious outdoor decks, one in back and one in front! Located just a few blocks from the Alpine Slide, Big Bear Convention Center, and a short drive to Big Bear Village, Big Bear Lake, and forest trails.
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Sold On
HOA + Taxes
About Big Bear City
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Listed by: Jessica Duarte, RE/MAX Big Bear
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219081965PS
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219081965PS
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