$247,500
●
House -
Off Market
1394 Turquoise Avenue
Mentone, CA 92359
2 Beds
1 Bath
624 Ft²
$366,030
RealtyHop Estimate
47.00%
Since Jul 1, 2019
National-US
Primary Model
About This Property
DARLING AND CHARMING!!! Built in 1937, this amazing 624 square foot
home is the sweetest thing around. Everything in it is brand new
and updated. Wood flooring all throughout the house and carpet in
the bedrooms. The kitchen is fully upgraded and remodeled. The
bathroom has been designed with a sizable shower, new vanity and
fixtures. Once you step foot in the front door you are going to
fall in love. The living room is generous in size with an adjoining
kitchen area; featuring all new windows, stainless steel appliances
and fixtures. The two bedrooms are considerable in size with
the bathroom nestled in between. Just when you think it
doesn't get any better -- there is the backyard!!! The
terrace is raw land just waiting for the perfect family to make
their dream backyard come true and memories to last a lifetime.
Good things come in small packages!!
Unit Size
624 Ft²
Days on Market
27 days
Land Size
0.26 acres
Price per sqft
$399
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1937
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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: 4 months ago (CRMLS #IV19102388)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 18, 2019 | Sold | ||
| Sold | |||
| May 22, 2019 | Listed by First Team Real Estate - Rancho Cucamonga | $249,000 | |
| Listed by First Team Real Estate - Rancho Cucamonga | |||
Property Highlights
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: JULIE DAMMEIER, First Team Real Estate - Rancho Cucamonga
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV19102388
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV19102388
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