$595,000
●
House -
Off Market
1000 Summit Drive
Crestline, CA 92325
4 Beds
3 Baths,
1
Half Bath
3,861 Ft²
$858,391
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model
About This Property
Million dollar views from this stunning home! Built in 2006, this
four bedroom three and a half bath home checks all of the boxes.
Walking through the front door you will note an open concept living
room, dining area and kitchen. The kitchen is equipped with
high-end appliances including dishwasher drawers, a center island,
and pantry. At the end of the hallway you find a stunning master
bedroom with a jacuzzi tub and marble counter tops. Two other
additional bedrooms are located on the main floor along with a
laundry room. Downstairs you will find a large family room, one
more bedroom and one bath. This home has a house generator that was
recently upgraded with a newer unit within the last six months and
three separate heating and air conditioning units. On a clear day
you can see clear to Catalina Island, what more could you ask for?
Unit Size
3,861 Ft²
Days on Market
101 days
Land Size
0.24 acres
Price per sqft
$164
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2006
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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: 5 months ago (CRMLS #RW2200910)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 28, 2020 | Sold | ||
| Sold | |||
| Jun 19, 2020 | Listed by COLDWELL BANKER SKY RIDGE RLTY | $635,000 | |
| Listed by COLDWELL BANKER SKY RIDGE RLTY | |||
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Crestline
Similar Homes for Sale
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Listed by: Julia Bauerschmidt, COLDWELL BANKER SKY RIDGE RLTY
Last Updated: 5 months ago
Data Source: CRMLS, MLS# RW2200910
Last Updated: 5 months ago
Data Source: CRMLS, MLS# RW2200910
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