$120,000
●
House -
Off Market
12073 Lee Avenue
Adelanto, CA 92301
2 Beds
1 Bath
1,048 Ft²
$187,744
RealtyHop Estimate
56.45%
Since Mar 1, 2018
National-US
Primary Model
About This Property
BACK ON MARKET BUYER COULDN'T PERFORM! Turnkey, recently renovated
home in a quiet neighborhood of Adelanto just a short drive from
the 395 freeway and nearby schools. Upon entry, the home invites
you with a large living area and adjacent breakfast bar/sitting
room. Windows surrounding the living room allow for plenty of
natural light. The home boasts a split floor plan with a large
master, good sized second bedroom, and a bonus room/laundry room
around the back. The interior has been freshly painted, the roof
was redone recently, a new evaporative cooler and furnace have been
installed, and almost everything in the house has been updated or
replaced. The large backyard is fully fenced with gate access for
RV or toys. All and all a great property for a great price.
Schedule your showing today!
Unit Size
1,048 Ft²
Days on Market
140 days
Land Size
0.21 acres
Price per sqft
$115
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1932
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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 #OC17233423)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 28, 2018 | Sold | ||
| Sold | |||
| Oct 11, 2017 | Listed by RE/MAX Select One | $120,000 | |
| Listed by RE/MAX Select One | |||
Property Highlights
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 Adelanto
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Listed by: Bryan Hossack, RE/MAX Select One
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC17233423
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC17233423
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