$176,000
●
House -
Off Market
1351 Chrysolite Avenue
Mentone, CA 92359
2 Beds
1 Bath
900 Ft²
$269,498
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model
About This Property
This single level bungalow has great potential. There is an
enclosed, screened in front porch. The living room has original
vintage features. It has two sections so the rear section can be
used as a formal dining room. A kitchen remodel was started. The
lot is a quarter acre, level and plenty of room for your trucks and
toys. There are two outbuildings. One is the old garage. The second
is a shed with the laundry. There are two swamp coolers, two ac
units, and a floor furnace. This is a very nice neighborhood. The
town of Mentone is oozing with rural charm. It has Redlands water
and is in the highly-rated Redlands School District. There is a
beautiful, new Stater Brothers Market just a few blocks away.
Mentone is a gateway for Big Bear, Forest Falls, and Angelus Oaks.
Close to hiking, sunning next to Mill Creek and backpacking trails
in the San Gorgonio wilderness.
Unit Size
900 Ft²
Days on Market
47 days
Land Size
0.26 acres
Price per sqft
$204
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1925
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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 #EV19197423)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 30, 2020 | Sold | ||
| Sold | |||
| May 7, 2020 | Listed by Dynasty Real Estate | $289,000 | |
| Listed by Dynasty Real Estate | |||
| | |||
|
NEW, NEW, NEW! BRING YOUR PICKIEST BUYER! FULLY REMODELED HOME, WITH NEWLY INSTALLED CENTRAL AIR/HEAT FOR THOSE HOT SUMMER DAYS! FAMILY FRIENDLY, COZZY, FUNCTIONAL FLOOR-PLAN. NEW RECESSED LIGHTING IN LIVING ROOM. DUAL PANE WINDOWS. NEW THICK RUSTIC-STYLE LAMINATE FLOORING IN LIVING ROOM, HALLWAYS, AND BEDROOMS. NEW IMPORTED PORCELAIN TILE FLOORING IN KITCHEN AND BATHROOMS FLOORS. THE KITCHEN IS BRAND NEW: NEW SHAKER-STYLE CABINETS, NEW QUARTZ STONE COUNTERS, NEW GARBAGE DISPOSAL, NEW PULL-OUT FAUCET. ONE FULL BATHROOM AND ONE HALF BATHROOM: NEW TUB WITH CUSTOM TILE, SOAP DISH, AND MOSAIC DESIGN. NEW VANITIES, NEW TOILETS, AND NEW PLUMBING FIXTURES. REPAIRED PLUMBING/ELECTRICAL. NEW LIGHT FIXTURES. LAUNDRY AREA INSIDE. HOUSE HAS BEEN FRESHLY PAINTED IN/OUT WITH GORGEOUS COLOR TONES. BRAND NEW CUSTOM CONCREATE DRIVEWAY. SEPTIC TANK HAS BEEN PUMPED AND CERTIFIED. FH/VA/CALHAFA/DOWN PAYMENT ASSISTANCE -OK
| |||
| Oct 4, 2019 | Sold | ||
| Sold | |||
| Aug 18, 2019 | Listed by RITA SHAW BROKER & ASSOCIATES | $184,000 | |
| Listed by RITA SHAW BROKER & ASSOCIATES | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
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HOA + Taxes
About Mentone
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Listed by: RITA SHAW, RITA SHAW BROKER & ASSOCIATES
Last Updated: 5 months ago
Data Source: CRMLS, MLS# EV19197423
Last Updated: 5 months ago
Data Source: CRMLS, MLS# EV19197423
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