$245,500
●
House -
Off Market
647 Bayview Road
Big Bear, CA 92315
2 Beds
1 Bath
932 Ft²
$374,066
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model
About This Property
Enjoy all that Big Bear has to offer from this charming and rustic
cabin. 2 bedrooms upstairs with lots of natural light and one
bathroom downstairs. Another bathroom in the storage area. The
owners were adding a third bathroom upstairs but did not complete
the work, plumbing is ready to go however. Take in the fantastic
lake views from many windows and stroll down to the water. Parking
for 3 cars. Conveniently located near the Village, Zoo and Ski
Slopes! This modified Gambrel offers plenty of room for all your
weekend and holiday gatherings.
Unit Size
932 Ft²
Days on Market
255 days
Land Size
0.08 acres
Price per sqft
$274
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1973
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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 #EV19005004)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| May 8, 2021 | In contract | - | |
| In contract | |||
| Apr 21, 2021 | Listed | $499,000 | |
| Listed | |||
| | |||
|
Almost lakefront! Charming gambrel style home with mountain and lake views and many upgrades! Walk to the lake, marina, and nearby hiking trails. Minutes to slopes and village. New windows, new redwood deck, tankless water heater, fireplace, updated kitchen and baths, and custom woodwork throughout. Siding was completely refinished last fall. Peek-a-boo lake views from the bedrooms, living room, and kitchen. Watch boats and pelicans from the deck. Scenic neighborhood features plenty of open space and a peaceful setting. This cabin has been a successful vacation rental. The manager has listed the unit size as 1100 square feet.
| |||
| Jul 14, 2019 | Sold | ||
| Sold | |||
| Nov 1, 2018 | Listed by COLDWELL BANKER SKY RIDGE RLTY | $254,900 | |
| Listed by COLDWELL BANKER SKY RIDGE RLTY | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Big Bear Lake
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: MICHELE KERSEY, COLDWELL BANKER SKY RIDGE RLTY
Last Updated: 4 months ago
Data Source: CRMLS, MLS# EV19005004
Last Updated: 4 months ago
Data Source: CRMLS, MLS# EV19005004
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