641 Highland Road
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 19, 2025 | Sold | ||
| Sold | |||
| Aug 30, 2025 | In contract | - | |
| In contract | |||
| Jul 19, 2025 | Listed by Re/Max Area Experts | $729,000 | |
| Listed by Re/Max Area Experts | |||
| May 22, 2024 | Sold | ||
| Sold | |||
| Apr 19, 2024 | Listed by Re/Max Area Experts | $499,900 | |
| Listed by Re/Max Area Experts | |||
| | |||
|
Investors Opportunity. Almost 2,000 square foot house sitting on a fantastic 25,000+ lot in Big Bear Lake Central. Only a few blocks away from the lake and the Village. Close to restaurants and shopping. Remodel this home and have instant equity. Four bedrooms, two baths and a bonus room that could be a garage/den/gameroom. Double pane windows and synthetic siding already installed. Just the land/utility value is close to the asking price. Don't miss out on this rare offering. These types of projects almost never hit the open market.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017