$228,000
●
House -
Off Market
1109 New Stine Road
Bakersfield, CA 93309
3 Beds
2 Baths
1,613 Ft²
$318,464
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model
About This Property
Beautifully updated 3 bedroom 2 bath 1,613sqft home located in Kern
City. Featuring new roof, newer AC/Heat, and dual pane windows. You
will fall in love with the stunning modern kitchen offering brand
new cabinets, new granite counters, new L.E.D recessed lighting,
and stainless steel stove, exhaust, and dishwasher. The rest of the
home offers fans throughout, fresh paint inside and out, new
flooring throughout laminate in the living area and bedrooms, tile
in the kitchen and bathrooms. Both bathrooms have been updated and
offer new vanities, light fixtures. Step through the new french
doors and you will find the well maintained yard with covered
patio, newly cemented areas, and built in bbq. Kern City offers
many amenities swimming pool,a wood-shop, sewing room, art room,
exercise room, library and pool. Did I mention home is walking
distance to Sundale Country Club? All this and HOA is only $475 a
year! Cherry on top is the home has smart smoke and carbon
detectors and an ALARM.
Unit Size
1,613 Ft²
Days on Market
63 days
Land Size
0.18 acres
Price per sqft
$144
Property Type
House
Property Taxes
-
HOA Dues
$35
Year Built
1962
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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 #SP20089043)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 17, 2020 | Sold | ||
| Sold | |||
| Jul 21, 2020 | No longer available | - | |
| No longer available | |||
| Jul 17, 2020 | Relisted | $232,500 | |
| Relisted | |||
| Jun 23, 2020 | No longer available | - | |
| No longer available | |||
| Jun 15, 2020 | Listed by Platinum Real Estate, Inc. | $232,500 | |
| Listed by Platinum Real Estate, Inc. | |||
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Property Highlights
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 Kern City
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Listed by: Joseph Ramos, Platinum Real Estate, Inc.
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SP20089043
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SP20089043
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