$345,000
●
House -
Off Market
1235 Maplewood Lane
Mentone, CA 92359
4 Beds
2 Baths
1,392 Ft²
$508,957
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model
About This Property
Can you say "NO HOA AND LOW TAXES"? Come on, say it with me... "NO
HOA AND LOW TAXES"...TURNKEY, LOW MAINTENANCE, SINGLE-STORY HOME IN
MENTONE ON CUL-DE-SAC. Welcome to 1235 Maplewood Lane, a
move-in-ready 3-bedroom + office or 4-bedroom property with 2 baths
in a fantastic neighborhood. OPEN CONCEPT with an UPDATED KITCHEN
with QUARTZ counter tops and ALL the APPLIANCES included:
Refrigerator, Dishwasher, Stove, Washer & Dryer. It also features
CATHEDRAL CEILINGS, tile flooring and carpet throughout, and a cozy
FIREPLACE. Nice sized master bedroom suite with walk in
closet, shower/tub and DUAL SINKS in master bathroom. The hall
bathroom has been recently remodeled with a new shower, toilet and
vanity. New paint, new blinds, new water heater, new garbage
disposal, and upgraded baseboards & doors. Large lot with
court yard, and private backyard with newer fencing. Conveniently
located near the Downtown Redlands dining and shopping district. NO
HOA, low taxes, community park and tennis court blocks away.
Unit Size
1,392 Ft²
Days on Market
78 days
Land Size
0.11 acres
Price per sqft
$248
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1996
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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 #SW19049930)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 22, 2019 | Sold | ||
| Sold | |||
| Mar 5, 2019 | Listed by RE/MAX Generations | $345,000 | |
| Listed by RE/MAX Generations | |||
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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Listed On
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Sold On
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HOA + Taxes
About Mentone
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Listed by: Maricarmen Pulido Ruiz, RE/MAX Generations
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW19049930
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW19049930
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