1
Map
$693,500
●
House -
Off Market
901 Oak Road
Skyforest, CA 92385
3 Beds
1 Bath
2,878 Ft²
$1,002,761
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model
About This Property
Available for back-up offers. Don't miss this rare opportunity to
own a unique Skyforest property that hasn't been on the market for
over 50 years! Nestled amongst towering old growth trees & glowing
dogwoods. Over an acre of level & highly usable land. Circular
driveway & endless flat parking. Built in 1926, lovingly maintained
& expanded. Main floor kitchen with breakfast nook, dining room,
den, bath & mud room. Living room with amazing stone
fireplace & log beamed ceiling. Lower level game room with 2nd
kitchen. Uppermost level features master bedroom with sitting
area/ofc/library (with kitchenette) & ensuite 3/4 bath with full
size spa. Two additional bedrooms, secret room & full bath
upstairs. Tons of closet space & storage. Direct entry 2 car garage
& separate storage building/workshop. Private, fully fenced patio
with koi pond & waterfall. Walk to local eateries & shops. Don't
let this chance escape you. It may not present itself for another
half a century
Unit Size
2,878 Ft²
Days on Market
55 days
Land Size
1.03 acres
Price per sqft
$261
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1926
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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: 4 months ago (CRMLS #RW2201528)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 30, 2020 | Sold | ||
| Sold | |||
| Sep 4, 2020 | Listed by MOUNTAIN COUNTRY REALTY, INC. | $749,900 | |
| Listed by MOUNTAIN COUNTRY REALTY, INC. | |||
Property Highlights
Garage
Parking Available
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
Price/ft²
Price/ft²
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Listed On
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Sold On
Sold On
HOA + Taxes
About Lake Arrowhead
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Listed by: Greg Steffens, MOUNTAIN COUNTRY REALTY, INC.
Last Updated: 4 months ago
Data Source: CRMLS, MLS# RW2201528
Last Updated: 4 months ago
Data Source: CRMLS, MLS# RW2201528
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