1
Map
$659,000
●
House -
Off Market
672 Burnt Mill Road
Lake Arrowhead, CA 92352
3 Beds
1 Bath
2,060 Ft²
$761,650
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model
About This Property
Charming Cabin in the Woods! This is the charmer that will steal
your heart. Located in coveted Burnt Mill Canyon Land Assoc. &
backs up to acres of Green Space for the ultimate privacy.
This 1920's home has been immaculately cared for and updated.
Parts of the floor are even the original Doug-Fir wood. Drive up
the long driveway filled with Dogwoods & pines and take a few steps
down to the front door. Enter into the large spacious kitchen and
stroll into the main living room with vaulted ceilings, and then
enter into quaint sunroom. The current owners kept some of the old
windows inside to keep tho old charm alive. There is a master on
the main floor with attached bathroom and clawfoot tub, and also an
adorable bunk room. Downstairs you'll find a family room & 3rd
bedroom. Home comes furnished per inventory and even has a small
garage for extra storage. You are just over a mile away form the
Lake Arrowhead Village and shops. Don't pass this one up, there
isn't another like it!
Unit Size
2,060 Ft²
Days on Market
28 days
Land Size
0.31 acres
Price per sqft
$320
Property Type
House
Property Taxes
-
HOA Dues
$31
Year Built
1928
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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 #RW2300961)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 2, 2021 | Sold | ||
| Sold | |||
| Jun 4, 2021 | Listed by COLDWELL BANKER SKY RIDGE RLTY | $659,000 | |
| Listed by COLDWELL BANKER SKY RIDGE RLTY | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
Beds
Baths
ft²
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Listed On
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HOA + Taxes
About Lake Arrowhead
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Listed by: MICHELLE CALKINS, COLDWELL BANKER SKY RIDGE RLTY
Last Updated: 4 months ago
Data Source: CRMLS, MLS# RW2300961
Last Updated: 4 months ago
Data Source: CRMLS, MLS# RW2300961
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