1242 2nd Place
About This Property
Key Features:
Spacious Layout: Enjoy 1,290 sq. ft. of living space with an open living room centered around a cozy brick fireplace, perfect for relaxing or entertaining guests.
Modern Upgrades: This home boasts over $80,000 in recent enhancements, including renovated bathrooms, newer flooring in the bathrooms, a fully updated kitchen with stainless steel appliances, new cabinets in the laundry room, an electric water heater, a newly installed roof and air conditioning.
Master Suite: The primary bedroom features a private bathroom and ample closet space, offering a peaceful retreat.
Outdoor Oasis: Beautifully landscaped backyard, ideal for morning coffee or evening gatherings. The front yard features a welcoming covered porch and lush lawn.
Smart & Efficient: Equipped with water softener hookups, and a garage door opener. The 2-car garage includes three new electrical outlets, perfect for a home gym or additional storage.
Prime Location: Just one mile from the I-10 freeway, Stater Bros, Walgreens, Starbucks, and a variety of dining options, including sushi and fast food. Enjoy nearby attractions like Trevino Park, Desert Lawn Memorial Park, and the Crown Village Clock Tower
Community & Lifestyle:
Calimesa offers a neighborly feel with 92% owner-occupied homes and access to abundant outdoor recreation in the foothills of the San Bernardino Mountains. The Yucaipa-Calimesa Joint Unified School District serves the area, with Mesa View Middle School nearby. With Highway 10 running through the community, you're minutes from Beaumont's additional amenities and entertainment.
Don't miss this opportunity to own a beautifully updated home in a tranquil Calimesa neighborhood! Contact your local real estate agent to schedule a private showing today and discover why this property is the perfect place to call home.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 18, 2025 | Sold | ||
| Sold | |||
| Jul 16, 2025 | In contract | - | |
| In contract | |||
| Jul 3, 2025 | Listed by REALTY WORLD ALL STARS | $497,000 | |
| Listed by REALTY WORLD ALL STARS | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017