$525,000
●
House -
Off Market
693 Berkley Lane
Big Bear, CA 92315
3 Beds
2 Baths
1,302 Ft²
$557,099
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model
About This Property
~Perfect Village Location~ Welcome to your retreat in the
mountains! This 3-bedroom, 2-bathroom classic Gambrel chalet is
located on a quiet cul-de-sac, walking distance from downtown Big
Bear Village, some of the finest hiking trails in the area, and
less than 2 miles from Snow Summit Ski Resort. The property
offers a main house upstairs with a private guest studio apartment
on the ground level with its own private full bath. The house
has both a front and back deck with enough space for outdoor
dining, grilling, and cozying up to the fire pit. New
hardwood floors throughout the main living and kitchen areas, with
knotty pine wood paneled walls throughout the main cabin.
There is a toasty wood burning stove in the living area,
which leads into the adorable kitchen with oversized wooden dining
table and sliding door access to the back deck. A stacked
washer and dryer is conveniently located off the living area in the
hallway that leads to the main floor. full bathroom Two very
spacious bedrooms are on the top floor. This cabin is turnkey
and is being sold with all furnishings.
Unit Size
1,302 Ft²
Days on Market
40 days
Land Size
0.06 acres
Price per sqft
$380
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1977
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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 #PW21204342)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 25, 2021 | Sold | ||
| Sold | |||
| Sep 15, 2021 | Listed by Re/Max Big Bear | $495,000 | |
| Listed by Re/Max Big Bear | |||
| Sep 1, 2017 | Sold | ||
| Sold | |||
| Jul 13, 2017 | Listed | $229,000 | |
| Listed | |||
| | |||
|
QUIET LOCATION AT THE END OF THE STREET FOR THIS NICE GAMBREL HOME. Close to the Village, Ski Slopes and the Lake, this home offers 2-Bedrooms, 1 Bath on Upper Level with additional Bedroom and Full Bath with separate entry on lower level. Open Living Room to Kitchen, Fireplace, Laundry Area, New Carpet, New Roof and 2 Decks to enjoy the outdoors.The manager has listed the unit size as 1302 square feet.
| |||
| May 19, 2017 | Listed by GILLIGAN LOG HOMES & R.E. | $229,000 | |
| Listed by GILLIGAN LOG HOMES & R.E. | |||
| | |||
|
QUIET LOCATION AT THE END OF THE STREET FOR THIS NICE GAMBREL HOME. Close to the Village, Ski Slopes and the Lake, this home offers 2-Bedrooms, 1 Bath on Upper Level with additional Bedroom and Full Bath with separate entry on lower level. Open Living Room to Kitchen, Fireplace, Laundry Area, New Carpet, New Roof and 2 Decks to enjoy the outdoors.
| |||
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
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Listed by: John Carmody, Re/Max Big Bear
Last Updated: 10 months ago
Data Source: CRMLS, MLS# PW21204342
Last Updated: 10 months ago
Data Source: CRMLS, MLS# PW21204342
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