Listed by: JOSEPH SHAW, RITA SHAW BROKER & ASSOCIATES
$568,000
●
House -
Off Market
10 Falcon Lane
Redlands, CA 92374
4 Beds
2 Baths
1,484 Ft²
$2,686
Est. Monthly
About This Property
Single story, four bedroom Redlands ranch home with an attached two
car garage and a large, private yard with lots of shady trees!
Located at the end of a cul-de-sac, this comfortable 1963 home
features a kitchen with stainless appliances and solid surface
countertops that opens right to the dining area. A central
bathroom with a skylight services three bedrooms, and a primary
bedroom has its own private bathroom with a walk in shower.
There are dual pane windows throughout. The lot is
spacious, and has a number of fruit trees. A covered, east
facing back patio is perfect for Redlands evenings, and leads
straight into the living room with a fireplace. Great location,
walking distance to Moore Middle School, less than two miles from
the freeway and historic downtown. Excellent Redlands
schools.
Unit Size
1,484 Ft²
Days on Market
28 days
Land Size
0.21 acres
Price per sqft
$369
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1963
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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: 3 years ago (CRMLS #EV24173589)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 27, 2024 | Sold | ||
| Sold | |||
| Sep 7, 2024 | In contract | - | |
| In contract | |||
| Sep 6, 2024 | No longer available | - | |
| No longer available | |||
| Aug 20, 2024 | Listed by RITA SHAW BROKER & ASSOCIATES | $547,000 | |
| Listed by RITA SHAW BROKER & ASSOCIATES | |||
Property Highlights
Garage
Air Conditioning
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
Asking Price
Listed On
Listed On
Closing Price
Sold On
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HOA + Taxes
About North Redlands
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Listed by: JOSEPH SHAW, RITA SHAW BROKER & ASSOCIATES
Last Updated: 3 years ago
Data Source: CRMLS, MLS# EV24173589
Last Updated: 3 years ago
Data Source: CRMLS, MLS# EV24173589
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