For SaleRisky Deal3 days on market
2048 NE Cradle Mountain Way
2048 NE Cradle Mountain Way, Bend, OR 97701, Bend, OR 97701
$849,000
Listing Price
2048 NE Cradle Mountain Way, Bend, OR 97701
Loc: Bend, OR
Days Listed
3
Tax Assessed
$727k
Lot Size
0.29 acres
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
8
Ponderosa Elementary
K-5
0.5 mi away
7
Sky View Middle School
6-8
1.5 mi away
7
Mountain View Senior High School
9-12
0.8 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
craftsman styletwo-story housedark navy sidingmulti-car garagewood garage doorsgable roofarched windowlandscaped lawnconcrete drivewaycozy atmospherecovered porchevening lightingsuburbantraditional architectural details
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.21%
Total ROI
93.9%
Cash Flow
$-11/mo
DSCR
1.00
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-11/mo net cash flow with a 6.2% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.2%)
- • Strong rental demand in Bend
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-23 | Listed for sale | $849,000 | $293 |
| 2026-09-16 | Listing removed | $900,000 | $310 |
| 2026-07-25 | Listed for sale | $900,000 | $310 |
| 2022-05-20 | Sold | $900,000 | $310 |
| 2021-11-12 | Sold | $810,000 | $279 |
| 2019-09-30 | Sold | $545,000 | $188 |
| 2019-08-17 | Listed for sale | $534,000 | $184 |
| 2017-06-30 | Sold | $225,000 | $78 |
| 2016-07-20 | Sold | $485,000 | $167 |
| 2016-06-01 | Pending sale | $510,000 | $176 |
| 2016-05-29 | Listed for sale | $510,000 | $176 |
| 2009-07-02 | Sold | $300,000 | $103 |
| 2009-02-26 | Sold | $588,810 | $203 |
| 2008-05-09 | Listed for sale | $679,900 | $235 |
| 2006-02-15 | Sold | $429,893 | $148 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $5,691.51 | $336,850 |
| 2024 | $5,475.79 | $327,040 |
| 2023 | $5,076.12 | $308,280 |
| 2022 | $4,882.49 | $308,280 |
| 2021 | $4,743.32 | $290,600 |
| 2020 | $0 | $290,600 |
| 2019 | $4,374.81 | $273,930 |
| 2018 | $4,374.81 | $273,930 |
| 2017 | $4,251.34 | $265,960 |
| 2016 | $3,566.84 | $258,220 |
| 2015 | $3,566.84 | $250,700 |
| 2014 | $3,468 | $243,400 |
| 2013 | $0 | $236,320 |
| 2012 | $0 | $229,440 |
| 2011 | $0 | $222,760 |
| 2010 | $0 | $216,280 |
| 2009 | $0 | $209,990 |
| 2008 | $0 | $203,880 |
| 2007 | $0 | $197,950 |
| 2006 | $0 | $154,820 |
| 2005 | $0 | $6,089 |
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