$355,000
↓ $7K (1.7%)
●
House -
Off Market
688 Main Street
Big Bear Lake, CA 92315
1 Bed
1 Bath
505 Ft²
$357,753
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model
About This Property
Get ready to lose yourself in the quiet of the mountains. This
modern and cozy cabin is not only the perfect place the take in our
fresh mountain air but it's also perfectly tucked into the trees.
Walking distance to the Village, the lake and the National
Forest... and just under two miles from the ski resort/bike park.
This cabin was fully remodeled in 2019 along with the
installation of a new off-street parking pad. It has been a
highly successful rental with impressive income and is coming fully
furnished and ready for the new owners to enjoy.
Unit Size
505 Ft²
Days on Market
206 days
Land Size
0.06 acres
Price per sqft
$713
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1949
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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: 10 months ago (CRMLS #PW23038467)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 20, 2025 | Price Decreased |
$398,000
↓ $7K
(1.7%) | |
| Price Decreased | |||
| Jan 21, 2025 | Listed | $404,800 | |
| Listed | |||
| | |||
|
All offers welcome. Short Sale Approval in progress.
PRICED TO SELL, DO NOT WAIT. JUST REDUCED.
Cozy 1 Bedroom 1 Bathroom cabin nestled among the trees in the breathtaking mountains of Big Bear. This recently renovated cabin is the perfect retreat to spend quality time with nature. The updated kitchen has all stainless-steel appliances, granite countertops and breakfast bar. The modern bathroom has walk in shower. The attached deck can be used to increase living space for dining and relaxing. Located within minutes of Snow Summit Ski Resort, Big Bear Lake and The Village, makes it convenient for enjoying all of the year-round activities Big Bear has to offer.
| |||
| Sep 29, 2023 | Sold | ||
| Sold | |||
| Mar 7, 2023 | Listed by Re/Max Big Bear | $359,999 | |
| Listed by Re/Max Big Bear | |||
| Jul 2, 2019 | Sold | ||
| Sold | |||
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Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
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Listed On
Listed On
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Sold On
Sold On
HOA + Taxes
About Big Bear Lake
Similar Homes for Sale
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Listed by: Tyler Wood, Re/Max Big Bear
Last Updated: 10 months ago
Data Source: CRMLS, MLS# PW23038467
Last Updated: 10 months ago
Data Source: CRMLS, MLS# PW23038467
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