$325,000
●
House -
Off Market
1391 Whitewood Drive
Mentone, CA 92359
3 Beds
2 Baths
1,300 Ft²
$499,200
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model
About This Property
Excellent opportunity. This property is in a wonderful area just on
the outskirts of Redlands in the city of Mentone. Quiet street and
neighborhood. Property features 3 large bedrooms and 2 baths. Good
size living room with fireplace. Open kitchen with lots of
cabinetry and tile counters. Big back yard for family gatherings. 2
car garage.
Unit Size
1,300 Ft²
Days on Market
81 days
Land Size
0.12 acres
Price per sqft
$254
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1997
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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: 10 months ago (CRMLS #EV18156483)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 21, 2018 | No longer available | - | |
| No longer available | |||
| Sep 18, 2018 | Sold | ||
| Sold | |||
| Jul 16, 2018 | Listed | $329,999 | |
| Listed | |||
| | |||
|
Excellent opportunity. This property is in a wonderful area just on the outskirts of Redlands in the city of Mentone. Quiet street and neighborhood. Property features 3 large bedrooms and 2 baths. Good size living room with fireplace. Open kitchen with lots of cabinetry and tile counters. Big back yard for family gatherings. 2 car garage. The manager has listed the unit size as 1300 square feet.
| |||
| Jun 29, 2018 | Listed by REALTY WORLD PREMIER | $329,999 | |
| Listed by REALTY WORLD PREMIER | |||
Property Highlights
Garage
Air Conditioning
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
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Mentone
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Listed by: GARY ZENDEJAS, REALTY WORLD PREMIER
Last Updated: 10 months ago
Data Source: CRMLS, MLS# EV18156483
Last Updated: 10 months ago
Data Source: CRMLS, MLS# EV18156483
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