$635,000
●
House -
Off Market
1029 W Palm
Redlands, CA 92373
2 Beds
1 Bath
1,022 Ft²
$3,187
Est. Monthly
About This Property
Adorable Folk Victorian Cottage with an upgraded yard perfect for
entertaining! A lovely front porch with fret-sawn balusters and a
unique double-hipped roof give just a bit of simple historic charm
to its facade, typical of Folk Victorians. You'll enter through a
quaint foyer and discover an upgraded interior that is a blend of
tasteful industrial and rustic farmhouse vintage. There are 2
bedrooms plus a nice open designer kitchen with a large island and
lots of seating. The kitchen opens up to a cozy family room. You
have plenty of areas to relax, garden, and entertain in the
backyard and patio. Attractive updates in your entertainer's patio
include a bar and a pizza oven, plus a covered seating area. The
electric security gate to the backyard leads to a 2-car detached
garage. Combined with your long driveway, you get plenty of covered
and uncovered parking. Located just west of Prospect Park in South
Redlands.
Unit Size
1,022 Ft²
Days on Market
73 days
Land Size
0.25 acres
Price per sqft
$635
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1900
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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: 7 months ago (CRMLS #IG26005023)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 3, 2026 | Sold | ||
| Sold | |||
| Mar 21, 2026 | In contract | - | |
| In contract | |||
| Jan 15, 2026 | Listed by BHHS PERRIE MUNDY REALTY GROUP | $649,000 | |
| Listed by BHHS PERRIE MUNDY REALTY GROUP | |||
| Feb 4, 2024 | No longer available | - | |
| No longer available | |||
| Feb 1, 2024 | Price Increased |
$599,900
↑ $75K
(14.3%) | |
| Price Increased | |||
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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
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 South Redlands
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Listed by: MICHELLE HARDESTY, BHHS PERRIE MUNDY REALTY GROUP
Last Updated: 7 months ago
Data Source: CRMLS, MLS# IG26005023
Last Updated: 7 months ago
Data Source: CRMLS, MLS# IG26005023
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