896 Canyon Trail
About This Property
Discover the perfect canvas for your mountain dreams with this picturesque .11-acre lot nestled in the heart of Big Bear Lake. Just a short stroll from Big Bear Boulevard, this prime location offers both convenience and serenity with stunning mountain vistas.
Size: Approximately .11 acres of pristine land.
Location: Walking distance to Big Bear Boulevard, ensuring easy access to shops, dining, and local attractions.
Views: Enjoy breathtaking mountain views, offering a serene backdrop for your future home
Don't miss this rare opportunity to own a slice of Big Bear Lake paradise. Embrace the charm of Big Bear Lake - inquire today! There is an easement to get to the properties though it is not maintained and can not drive up there. So stop at Talbot and walk up.
Note: Specific zoning and building requirements should be verified with local authorities.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 18, 2024 | Sold | ||
| Sold | |||
| Aug 31, 2024 | In contract | - | |
| In contract | |||
| Jul 17, 2024 | Listed by KELLER WILLIAMS REALTY | $15,999 | |
| Listed by KELLER WILLIAMS REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017