$315,000
●
House -
Off Market
1281 Fairview Avenue
Colton, CA 92324
4 Beds
3 Baths
1,593 Ft²
$461,087
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model
About This Property
Adorable Four bedroom, three bathroom turnkey home. This home
features 3 bedrooms and 2 baths in the main house, and 1 bedroom
and 1 bathroom in a detached living area behind the home. This home
features tile flooring in the spacious living room and open kitchen
with ample cabinet space and tile flooring in the hallways and
bathrooms. The bedrooms are carpeted. You don't have to worry about
the hot summer months with the new HVAC system that was put in less
than six months ago! The roof is approximately 5 years old. There
is a long driveway for extra parking leading to the detached 2 car
garage. Enjoy or entertain in the quaint backyard filled with
charm, the yard is surrounded by a block wall on all sides, and has
15 different fruit trees. This home is conveniently located to the
215 and 10 freeways, and in very close proximity to shopping. Make
this great home yours today!
Unit Size
1,593 Ft²
Days on Market
48 days
Land Size
0.15 acres
Price per sqft
$198
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
-
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Cap Rate Calculator
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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 #IV19230369)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 14, 2019 | Sold | ||
| Sold | |||
| Sep 27, 2019 | Listed by MOVOTO, INC. | $315,000 | |
| Listed by MOVOTO, INC. | |||
Property Highlights
Air Conditioning
Fireplace
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Colton
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: SERGIO SALAZAR, MOVOTO, INC.
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IV19230369
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IV19230369
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