1
Map
$925,000
●
House -
Off Market
1212 W Sunset
Redlands, CA 92373
3 Beds
1 Bath
3,215 Ft²
$1,411,871
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model
About This Property
This quality home has been developed for those who place a high
value on sustainable living and relatively low maintenance home
care. The house has 2430 sq. ft. with 3 bedrooms, 3
baths, and a gym/office plus a 1 bedroom, 1 bath
mother-in-law apartment of 785 sq. ft. with a separate entrance,
bringing the total habital space to be 3215 sq. ft.The outdoors
provides considerable privacy and the landscaping is both
eco-friendly and easy to maintain. The zone HVA C system,
combined with high quality ceiling fans in nearly every room,
minimizes the need for excessive air conditioning and heating.
There is a large bank of solar panels that aren't visible
to the street or back yard that have been calculated to be
sufficient for household energy use, in addition to electric
vehicles. The large lot supports abundant fruit trees and a large
organic vegetable garden. The Master bedroom suite in the home has
a sitting area that opens to the rear patio and beautiful yard with
sparking over-sized pool. The House has a 3 car garage and extra
storage space.
Unit Size
3,215 Ft²
Days on Market
122 days
Land Size
0.56 acres
Price per sqft
$301
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1977
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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 #EV19230410)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 23, 2024 | Sold | ||
| Sold | |||
| Dec 4, 2024 | In contract | - | |
| In contract | |||
| Nov 13, 2024 | Listed by Realty Masters & Associates, I | $1,495,000 | |
| Listed by Realty Masters & Associates, I | |||
| | |||
|
This well appointed Casual Contemporary Gorgeous Estate Home is complete with an attached remodeled ADU located in South Redlands. A backyard TROPICAL PARADISE featuring a newly remodeled SALT WATER pool, and spa with Italian Lunada Glass tiles creating an ideal setting for parties and large family gatherings. Numerous fruit trees and well appointed landscaping offers privacy as well as easy maintenance. The main home boasts 2430 square feet with a remodeled one bedroom 785 square feet casita/ADU and separate entrance. Moreover, this well-appointed open floor plan, includes 4 expansive bedrooms, large closets and a primary bedroom suite with two walk-in closets, that opens to the lush backyard. This upscale estate home features a NEW HVAC Infinity System with new duct work, and paid off solar panels! Conveniently located near Redlands Country Club, Downtown Redlands, Redlands Community Hospital, and University of Redlands.
| |||
| Jan 27, 2020 | Sold | ||
| Sold | |||
| Sep 27, 2019 | Listed by CENTURY 21 LOIS LAUER REALTY | $969,000 | |
| Listed by CENTURY 21 LOIS LAUER REALTY | |||
Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Listed by: MICKEY BUTLER, CENTURY 21 LOIS LAUER REALTY
Last Updated: 5 months ago
Data Source: CRMLS, MLS# EV19230410
Last Updated: 5 months ago
Data Source: CRMLS, MLS# EV19230410
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