1
Map
$500,000
●
House -
Off Market
1216 W Crescent Avenue
Redlands, CA 92373
4 Beds
2 Baths
1,750 Ft²
$710,237
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model
About This Property
Wonderful single level home across the street from the parklike
grounds of the Burrage Mansion. Perfect for multi-generational
living, this home offers two bedrooms and a bath at each end of the
house. There is a cozy fireplace in the living room. There are two
enclosed sunrooms at the rear of the house. One is used as a home
gym. The other contains the laundry. The yard features mature
landscaping and a wood deck in the back. The back yard is fenced
and dog ready. There is alley access to the detached two-car
garage. Lovely area and excellent Redlands schools. Smaller RV
potential.
Unit Size
1,750 Ft²
Days on Market
57 days
Land Size
0.22 acres
Price per sqft
$285
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1960
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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 #EV20035573)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 21, 2020 | Sold | ||
| Sold | |||
| Feb 24, 2020 | Listed by RITA SHAW BROKER & ASSOCIATES | $499,500 | |
| Listed by RITA SHAW BROKER & ASSOCIATES | |||
| Oct 22, 2019 | No longer available | - | |
| No longer available | |||
| Aug 15, 2019 | Listed | $514,900 | |
| Listed | |||
| | |||
|
SOUTH REDLANDS LOVELY SINGLE STORY HOME! AS YOU WALK THRU THE BEAUTIFUL FRONT DOOR YOU HAVE FORMAL LIVING ROOM THAT OPENS INTO A WONDERFUL UPDATED KITCHEN WITH CUSTOM CABINETS AND GRANITE COUNTER TOPS. THERE IS DINING OFF OF THE KITCHEN AND YOU HAVE A BONUS FAMILY ROOM AND GAME ROOM AREA ON BACK SIDE OF KITCHEN THAT WAS ADDED ON AND WAS PERMITTED. THERE IS A BUILT IN DECK WITH SEATING TO SEE THE WONDERFUL VIEWS OF THE MOUNTAINS. YOU HAVE TILE FLOORING AND NEWER CARPET ALONG WITH MOST OF THE WINDOWS ARE NEWER DUAL PANE, ALONG WITH 4 BEDROOMS SPACIOUS BEDROOMS AND 2 FULL BATHS. THE BACK YARD IS GOOD SIZE AND HAS BASKET BALL COURT ALONG WITH DETACHED TWO CAR GARAGE THAT YOU ENTER FROM THE ALLY WITH RV PARKING! THE ROOF IS 5 YEARS OLD AND ROOF OVER THE ADDITION IS ONE YEAR OLD. THE LOCATION IS GREAT IT SITS RIGHT ACROSS THE STREET FROM BURRAGE MANSION. IF YOU ARE LOOKING FOR A NICE SINGLE STORY HOME IN AN AWESOME NEIGHBORHOOD LOOK NO FURTHER THIS IS YOUR HOME! The manager has listed the unit size as 1750 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
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Listed On
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HOA + Taxes
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Listed by: RITA SHAW, RITA SHAW BROKER & ASSOCIATES
Last Updated: 5 months ago
Data Source: CRMLS, MLS# EV20035573
Last Updated: 5 months ago
Data Source: CRMLS, MLS# EV20035573
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