$234,800
●
House -
Off Market
1165 Chestnut Avenue
Beaumont, CA 92223
3 Beds
2 Baths
2,335 Ft²
$383,506
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model
About This Property
***HUD HOME*** Price Reduced! Good location provide freeway and
local shopping within a few miles. As you drive up you are
greeted by the large front yard, and tree just waiting for spring
to blossom. As you enter there is a large living room made
inviting by the natural lighting. Step over to the Dining
Room with its gorgeous flagstone fireplace you can imagine the
family gatherings for celebrations and everyday dining. The
step saver kitchen keeps everything within easy reach for baking,
cooking, etc. There is a utility area with laundry closet and
direct garage access. Down the hall there you have a Master
Bedroom with large bathroom, there are two additional bedrooms and
the main bath. And the Bonus Room...a great place for an
office/study, a hobby room, kids play or hang out area, a lot of
possibilities here. The rear yard has alley access and is
ready for a BBQ to help prepare some weekend get-togethers.
Unit Size
2,335 Ft²
Days on Market
85 days
Land Size
0.19 acres
Price per sqft
$108
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1963
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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: 4 months ago (CRMLS #IV18072062)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 19, 2024 | No longer available | - | |
| No longer available | |||
| Mar 3, 2024 | Listed by Gina Fernandez, Broker | $549,000 | |
| Listed by Gina Fernandez, Broker | |||
| | |||
|
LONG DRIVEWAY FOR RV PARKING AND ADU/CASITA FOR RENTAL INCOME!! Solar panels & Attached back house which offers potential rental income with its own private entrance and parking, don't miss this one! This property is Move-In Ready and upgraded, the main house offers 3 Bedroom 2 Baths. Open floor plan with plenty of space to entertain family and friends. Private front and back entrance, Great location and community! Separate attached Casita with bathroom and ready for a small kitchenette and own parking. Located close to the Cherry Orchard, Walmart, Starbucks, Parks, and much more! Don't miss out on this amazing upgraded home! The manager has listed the unit size as 2335 square feet.
| |||
| Nov 23, 2022 | No longer available | - | |
| No longer available | |||
| Oct 12, 2022 | In contract | - | |
| In contract | |||
| Oct 6, 2022 | Listed by EXP REALTY OF CALIFORNIA INC | $469,999 | |
| Listed by EXP REALTY OF CALIFORNIA INC | |||
| | |||
|
Beautiful Move-In Ready 3 Bedroom 2 Bath Home in the heart of Beaumont on Chestnut Avenue. When you walk in the front door this home gives you an open feel and has a lot square footage! There is a 1 bed 1 bath addition perfect to move your parents in. Making a total of 4 bedrooms and 3 bathrooms. Also comes with Solar Panels that are generating income! This neighborhood is in a great location, close to the Cherry Orchard, Walmart, Starbucks, Parks, and much more! Close to Schools and the Freeway which should make drop off in the morning a breeze. Don't miss out on this amazing upgraded home! The manager has listed the unit size as 2335 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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About Chestnut Manor
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Listed by: DUSTIN LUCE, KELLER WILLIAMS REALTY
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV18072062
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV18072062
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