$830,000
●
House -
Off Market
1321 Summit B Avenue
Redlands, CA 92373
4 Beds
3 Baths
2,803 Ft²
$1,284,561
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model
About This Property
Truly picturesque, this classic single story home couldn't be more
charming. With a beautiful brick entry and immaculate landscaping,
you'll be welcomed by an open floor plan, with living room, den,
and formal dining room all surrounding a gorgeous kitchen. The
kitchen features beautiful wood cabinetry, tons of countertop space
atop the new granite, and even an in-kitchen fireplace! Four large
bedrooms await your family, complete with cedar-lined closets and
three spacious bathrooms. The master suite offers a beautiful brick
fireplace, massive walk-in closet, and dual vanities and soaker tub
in the bathroom. Outside, the backyard is nothing short of
perfection. With a brick gazebo, outdoor kitchen, large pool,
hidden hot tub, and tons of yard space, entertaining is a breeze!
2,803 square feet and move-in ready.
Unit Size
2,803 Ft²
Days on Market
133 days
Land Size
0.47 acres
Price per sqft
$303
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1986
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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 #EV18060747)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 26, 2018 | Sold | ||
| Sold | |||
| Mar 15, 2018 | Listed by BHHS PERRIE MUNDY REALTY GROUP | $849,000 | |
| Listed by BHHS PERRIE MUNDY REALTY GROUP | |||
Property Highlights
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
Price/ft²
Price/ft²
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Listed On
Listed On
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Sold On
Sold On
HOA + Taxes
About South Redlands
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Listed by: PERRIE MUNDY, BHHS PERRIE MUNDY REALTY GROUP
Last Updated: 5 months ago
Data Source: CRMLS, MLS# EV18060747
Last Updated: 5 months ago
Data Source: CRMLS, MLS# EV18060747
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