$155,000
●
House -
Off Market
925 Cypress Lane
Big Bear, CA 92314
2 Beds
1 Bath
648 Ft²
$225,841
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model
About This Property
Charming Erwin Lake mountain cabin perfect for a starter family or
just a quick retreat for the week. This well maintained cabin can
be used as a primary residence, rental income, or an escape from
the city. Offering two spacious bedrooms and one full bathroom and
of course a beautiful mantel corner rock fireplace that can bring
people together to enjoy a night of entertainment and warmth. Open
concept kitchen and living space grant a generous feel to this cozy
cabin. Quaint streets, concrete parking pad in the front and large
storage shed for tools and toys in the back. Outlooking the wood
porch, views of mountains and an abundance of trees adorning the
neighborhood give a sense of natural atmosphere which brings peace
and serenity. As easy it is to enjoy the fresh air that
surrounds local area and lake, the "Village" bring extra life with
markets, restaurants, discovery center, slopes and local zoo. Easy
access Inland and all furniture included.
Unit Size
648 Ft²
Days on Market
260 days
Land Size
0.06 acres
Price per sqft
$239
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1985
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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 #IV19128450)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 28, 2020 | Sold | ||
| Sold | |||
| May 13, 2019 | Listed by FIRST TEAM REAL ESTATE | $155,000 | |
| Listed by FIRST TEAM REAL ESTATE | |||
| Sep 2, 2017 | Listed | $132,000 | |
| Listed | |||
| | |||
|
Darling mountain cabin has everything you need for a nice, affordable getaway. Clean and well maintained 2 bed/1 bath cabin features wood T&G ceilings, a corner rock fireplace with glass doors and wood mantel. Ample kitchen space and living area. Easy access paved street, level concrete parking pad + large storage shed. Enjoy the forest ambiance from the front porch. Comes fully furnished and turnkey. What are you waiting for? The manager has listed the unit size as 648 square feet.
| |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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About Big Bear City
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Listed by: JAMIE DAVIS, FIRST TEAM REAL ESTATE
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV19128450
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV19128450
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