$635,000
●
House -
Off Market
1404 Elizabeth Street
Redlands, CA 92373
4 Beds
2 Baths
3,000 Ft²
$916,707
RealtyHop Estimate
44.36%
Since Mar 1, 2020
National-US
Primary Model
About This Property
Looking for a home that is well built in a great area? Located
behind a gated drive, this house offers so much. It is private and
features a nicely landscaped property with mature plantings, RV
parking behind its own gate and a patio for entertaining. The house
has been freshly painted inside. It is on the market for the first
time since it was built in 1978. There is a formal living room with
a fireplace and a separate dining room. The kitchen is open concept
overlooking the family room with the second fireplace. The master
bedroom is oversized with a sitting area by the fireplace, a
private deck, and a well-appointed bath. Go up a few steps to a
very large rumpus room with a wet bar. Excellent Redlands schools.
We just discovered a large storage attic with a pull-down
ladder.Great potential for that space.
Unit Size
3,000 Ft²
Days on Market
119 days
Land Size
0.39 acres
Price per sqft
$212
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1978
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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 #EV19248844)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 19, 2020 | Sold | ||
| Sold | |||
| Oct 23, 2019 | Listed by RITA SHAW BROKER & ASSOCIATES | $635,000 | |
| Listed by RITA SHAW BROKER & ASSOCIATES | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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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 South Redlands
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Listed by: RITA SHAW, RITA SHAW BROKER & ASSOCIATES
Last Updated: 5 months ago
Data Source: CRMLS, MLS# EV19248844
Last Updated: 5 months ago
Data Source: CRMLS, MLS# EV19248844
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