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811 Leonard Lane
About This Property
Set on a spacious 7,500 sq. ft. lot, this property offers plenty of room to breathe and unwind. The main home welcomes you with cozy mountain charm, featuring a comfortable living area, a warm and inviting kitchen, and a layout designed for easy living.
The detached guest house, thoughtfully converted from the original garage, provides a private retreat with its own bedroom, bathroom, and living space deal for visitors, a home office, or an income-producing rental.
Outside, you'll find a fully fenced backyard, great for pets, gatherings, or enjoying the crisp mountain air.
Located just moments from the National Forest, this property offers direct access to hiking, biking, and endless outdoor adventures, while still being a short drive from Big Bear Lake, ski resorts, and local shops and restaurants.
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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 |
|---|---|---|---|
| Apr 30, 2026 | In contract | - | |
| In contract | |||
| Apr 21, 2026 | Price Decreased |
$350,000
↓ $15K
(4.1%) | |
| Price Decreased | |||
| Mar 25, 2026 | Price Decreased |
$365,000
↓ $14K
(3.7%) | |
| Price Decreased | |||
| Mar 13, 2026 | Relisted | $379,000 | |
| Relisted | |||
| Mar 7, 2026 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017