Listed by: JANEY COLE, CENTURY 21 LOIS LAUER REALTY
$1,000,000
●
House -
Off Market
1227 Mira Monte Drive
Redlands, CA 92373
3 Beds
2 Baths
2,438 Ft²
$6,138
Est. Monthly
About This Property
THIS CHARMING HOME OFFERS A PERFECT BLEND OF TRANQUILITY AND
EXQUISITE COMFORT. THE LARGE LIVING ROOM HAS AN ENERGY EFFICIENT
GAS FIREPLACE, THE DINING ROOM AREA AND A COZY LIVING ROOM WITH A
PICTURE WINDOW FRAMING THE BREATHTAKING VIEW OF THE VALLEY AND
MONTAINS. THERE IS A GAME ROOM/ MULTI-USE ROOM OFF THE KITCHEN. THE
BEDROOMS ARE LARGE WITH AMPLE CLOSETS. THE PRIMARY BEDROOMS HAS TWO
WALK-IN CLOSETS. THE PRIMARY BATH HAS A JAUCUZZI TUB, SEPARATE
SHOWER AND THE LAUNDRY IS IN AN ATTACHED ROOM.
ONCE YOU STEP OUTSIDE THE BACK SLIDER, THE LENGTHY COVERED PATIO OVERLOOKS THE LUSH BACKYARD WITH FRUIT TREES, FLOWERING PLANTS MAKING IT SUCH A SERENE ATMOSPHERE. THE FRONT YARD ALSO HAD GORGEOUS FLOWERING PLANTS AND, OF COURSE, THE VIEW EXTRAORDINARE. THIS HOUSE OFFERS THE ULTIMATE IN SOUTHERN CALIFORNIA LIVING.
ONCE YOU STEP OUTSIDE THE BACK SLIDER, THE LENGTHY COVERED PATIO OVERLOOKS THE LUSH BACKYARD WITH FRUIT TREES, FLOWERING PLANTS MAKING IT SUCH A SERENE ATMOSPHERE. THE FRONT YARD ALSO HAD GORGEOUS FLOWERING PLANTS AND, OF COURSE, THE VIEW EXTRAORDINARE. THIS HOUSE OFFERS THE ULTIMATE IN SOUTHERN CALIFORNIA LIVING.
Unit Size
2,438 Ft²
Days on Market
30 days
Land Size
0.40 acres
Price per sqft
$513
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1950
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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: 2 years ago (CRMLS #IG25044921)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 3, 2025 | Sold | ||
| Sold | |||
| Mar 4, 2025 | Listed by CENTURY 21 LOIS LAUER REALTY | $1,250,000 | |
| Listed by CENTURY 21 LOIS LAUER REALTY | |||
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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ft²
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Listed by: JANEY COLE, CENTURY 21 LOIS LAUER REALTY
Last Updated: 2 years ago
Data Source: CRMLS, MLS# IG25044921
Last Updated: 2 years ago
Data Source: CRMLS, MLS# IG25044921
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