$120,000
●
House -
Off Market
875 Ash Lane
Big Bear, CA 92314
2 Beds
1 Bath
720 Ft²
$229,087
RealtyHop Estimate
77.59%
Since Aug 1, 2015
National-US
Primary Model
About This Property
Like new! Sparkling remodel for this 2 bedroom, 1 bath home
in a quiet Erwin Lake setting. Custom wood & tile treatments,
stainless steel appliances, ceiling fans throughout, dual pane
windows, laundry hook-ups & a fenced rear/side yard makes this a
great option. Easy access from Hwy.38 & State Lane, just 10
minutes from town, yet away from all of the hustle & bustle.
Buyer incentive! Seller will credit buyer 3% back towards buyer's closing costs. Property will easily qualify for FHA or VA financing.
Buyer incentive! Seller will credit buyer 3% back towards buyer's closing costs. Property will easily qualify for FHA or VA financing.
Unit Size
720 Ft²
Days on Market
88 days
Land Size
0.05 acres
Price per sqft
$179
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1973
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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 #PW15094793)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 29, 2021 | Sold | ||
| Sold | |||
| Mar 9, 2021 | Listed by RE/MAX Big Bear | $219,000 | |
| Listed by RE/MAX Big Bear | |||
| | |||
|
Fantastic value: Completely updated in 2015 with custom wood and tile treatments, dual pane windows, stainless appliances, ceiling fans throughout, washer & dryer, newer wall heater, cozy river rock fireplace, laminate floors and more... Easy access off Hwy 38 and close to all that Big Bear offers. You'll enjoy the flat, fenced yard with storage sheds in back, great parking and quiet Erwin Lake setting with vacant lots to the south. Great for full-time or vacation home
| |||
| Jul 31, 2015 | Sold | ||
| Sold | |||
| May 4, 2015 | Listed by Re/Max Big Bear | $129,000 | |
| Listed by Re/Max Big Bear | |||
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
Beds
Baths
ft²
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About Big Bear City
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Listed by: Tyler Wood, Re/Max Big Bear
Last Updated: 10 months ago
Data Source: CRMLS, MLS# PW15094793
Last Updated: 10 months ago
Data Source: CRMLS, MLS# PW15094793
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