$400,000
●
House -
Off Market
1224 Via Barcelona
Redlands, CA 92374
4 Beds
3 Baths
2,041 Ft²
$564,610
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model
About This Property
Alicante De Las Palmas is a lovely enclave near the University of
Redlands. It is surrounded by parklike grounds. The newest Stater
Brothers shopping Center is two blocks away. Walk to Starbucks for
coffee, go out for ice cream and many other services. This home has
a bedroom and bath on the main level. There are three more bedrooms
and two baths upstairs. The vaulted ceiling in the living room adds
a spacious overall feel. The house has brand new carpet throughout.
The kitchen opens into a family room with a fireplace. Step outside
to the fully fenced back yard and patio. Excellent Redlands school
district. The one-year-old AC unit is ready for the summer ahead.
Unit Size
2,041 Ft²
Days on Market
38 days
Land Size
0.13 acres
Price per sqft
$196
Property Type
House
Property Taxes
-
HOA Dues
$83
Year Built
1988
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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 #EV20074525)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 28, 2020 | Sold | ||
| Sold | |||
| Apr 20, 2020 | Listed by RITA SHAW BROKER & ASSOCIATES | $399,500 | |
| Listed by RITA SHAW BROKER & ASSOCIATES | |||
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
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Type
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Baths
ft²
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HOA + Taxes
About North Redlands
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Listed by: RITA SHAW, RITA SHAW BROKER & ASSOCIATES
Last Updated: 5 months ago
Data Source: CRMLS, MLS# EV20074525
Last Updated: 5 months ago
Data Source: CRMLS, MLS# EV20074525
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