$385,000
●
House -
Off Market
10238 Shale Lane
Mentone, CA 92359
3 Beds
2 Baths
1,420 Ft²
$520,442
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model
About This Property
Adorable single story home in the wonderful Sandstone Community in
Mentone! Great family neighborhood! Remodeled fireplace in living
room with lots of storage and light. New flooring throughout.
Kitchen has bright open concept and granite counters. Beautiful
master bedroom with en-suite and walk in closet. Two nice sized
bedrooms with shared full bath off of hallway. Many appliances
included. Attached two car garage leads to laundry room before
entering the house. Fenced back yard leads to beautiful common pool
and park area that is well maintained by the HOA. Perfect for hot
summer days. Priced right and ready to sell! Redlands school
district and only 3 miles from Crafton Hills College.
Unit Size
1,420 Ft²
Days on Market
35 days
Land Size
0.11 acres
Price per sqft
$271
Property Type
House
Property Taxes
-
HOA Dues
$116
Year Built
1991
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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 #RW2201216)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 4, 2020 | Sold | ||
| Sold | |||
| Jul 31, 2020 | Listed by Prime Properties | $385,000 | |
| Listed by Prime Properties | |||
| Sep 14, 2018 | No longer available | - | |
| No longer available | |||
| Sep 13, 2018 | Listed | $356,000 | |
| Listed | |||
| | |||
|
Beautiful home located in Mentone! This home features 3 spacious bedrooms and 2 bathrooms! The master includes a walk in closet with an ensuite bath. New floors throughout, updated bathroom vanities, and updated landscaping! The community includes a spacious green field for weekend football games, a well maintained pool and playground for the kids! Less then a mile from Mentone Elementary. This one is a MUST SEE!!! The manager has listed the unit size as 1420 square feet.
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Mentone
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Listed by: Lennette Kinard, Prime Properties
Last Updated: 5 months ago
Data Source: CRMLS, MLS# RW2201216
Last Updated: 5 months ago
Data Source: CRMLS, MLS# RW2201216
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