1
Map
$395,000
●
House -
Off Market
1030 Occidental Drive
Redlands, CA 92374
3 Beds
1 Bath,
1
Half Bath
1,281 Ft²
$607,836
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model
About This Property
These Spanish style homes are in high demand. This one is just
beautiful inside and out. Let's start with the outside. The yard is
landscaped with drought-resistant varieties of plants. There are
multiple seating and garden areas. This is in the University Tract
and just a few blocks to the University of Redlands. Let's step
into the living room. There is the original fireplace with a
heatilator. Built-in bookshelves flank the fireplace. The floors
are tile. There is a dining area with a built-in hutch. The kitchen
is vintage Redlands. It has the original tiled counters. The hall
bath also has the original tile. There is a room that can be a
third bedroom, office or yoga room. We are calling it the third
bedroom because it has been used as one but there is no closet.
Lots of natural light throughout.Excellent Redland schools.
Unit Size
1,281 Ft²
Days on Market
65 days
Land Size
0.17 acres
Price per sqft
$324
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1948
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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 #EV19198276)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 24, 2019 | Sold | ||
| Sold | |||
| Aug 20, 2019 | Listed by RITA SHAW BROKER & ASSOCIATES | $415,000 | |
| 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
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 North Redlands
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Listed by: RITA SHAW, RITA SHAW BROKER & ASSOCIATES
Last Updated: 5 months ago
Data Source: CRMLS, MLS# EV19198276
Last Updated: 5 months ago
Data Source: CRMLS, MLS# EV19198276
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