$422,500
●
House -
Off Market
833 Conklin Road
Big Bear Lake, CA 92315
1 Bed
1 Bath
576 Ft²
$2,160
Est. Monthly
About This Property
Welcome to the Serrano House! Vintage mountain cabin nestled on an
oversized lot, surrounded by a serene forested backdrop. Location
is an outdoor enthusiast's dream, National Forest and hiking trails
less than 2 blocks away, 1.5 miles from Snow Summit and The
Village, 3 miles from Bear Mountain, Alpine Zoo and Golf Course,
offering endless opportunities for exploration and adventure. This
modern retreat boasts a tree-lined driveway that winds its way to
your doorstep, creating an immediate sense of seclusion and
tranquility, and thoughtfully sits back from the street ensuring
privacy and the ultimate Big Bear Lake vibes. Inside, the cabin
welcomes you with abundant natural light, vaulted ceilings, open
floor plan and modern furnishings. A stone fireplace adorns the
living area, providing warmth and ambiance on chilly mountain
evenings. Spacious yard with ample room for relaxation,
entertainment and parking. This cabin is currently a successful
short-term rental, making it an excellent investment opportunity.
With its inviting charm, the Serrano House is the ultimate peaceful
mountain retreat you've been searching for!
Unit Size
576 Ft²
Days on Market
237 days
Land Size
0.17 acres
Price per sqft
$764
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1957
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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 #PW23171600)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 7, 2024 | Sold | ||
| Sold | |||
| Sep 13, 2023 | Listed by Re/Max Big Bear | $439,900 | |
| Listed by Re/Max Big Bear | |||
| Sep 8, 2023 | No longer available | - | |
| No longer available | |||
| Aug 18, 2023 | Price Decreased |
$459,000
↓ $16K
(3.4%) | |
| Price Decreased | |||
| Jul 19, 2023 | Price Decreased |
$474,999
↓ $20K
(4%) | |
| Price Decreased | |||
Show More
Property Highlights
Parking Available
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Asking Price
Listed On
Listed On
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Sold On
Sold On
HOA + Taxes
About Big Bear Lake
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Tyler Wood, Re/Max Big Bear
Last Updated: 10 months ago
Data Source: CRMLS, MLS# PW23171600
Last Updated: 10 months ago
Data Source: CRMLS, MLS# PW23171600
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