$60,000
●
House -
Off Market
1405 Sage Drive
Barstow, CA 92311
3 Beds
1 Bath
980 Ft²
$98,347
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model
About This Property
Fantastic opportunity is what we have here. Owner has installed a
new roof at a cost of $15k with a 25 year warranty. Minor
Electrical upgrade has been completed as well. This home is over
900 square feet with an open floor plan from the Kitchen to the
spacious Living Room. All Bedrooms are large. Home is connected to
sewer, has district water and natural gas. Home sits on a 10,000
plus square foot lot with gorgeous views of the mountains and
desert lights. Just a few blocks west of the 15 Freeway and
North of East Main Street makes this home a prefect rental or use a
rehab loan to make it your own. Services are close to this home as
well. Corner lot and in a cul-de-sac give this home added privacy.
Check with your lender has this home does qualify for an FHA 203-K
Loan. Please contact your Realtor and hope to see you in Escrow!! :
)
Unit Size
980 Ft²
Days on Market
32 days
Land Size
0.24 acres
Price per sqft
$66
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1959
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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 #IV18151522)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| May 19, 2021 | In contract | - | |
| In contract | |||
| May 13, 2021 | Relisted | $174,000 | |
| Relisted | |||
| May 2, 2021 | In contract | - | |
| In contract | |||
| Apr 17, 2021 | Listed by Oasis Realty Group Inc | $174,000 | |
| Listed by Oasis Realty Group Inc | |||
| | |||
|
Buyers Loss Your Gain, Come Bring Me An Offer ***COMPLETE REMODEL*** Don't let the age of the home fool you, New Sewer Lines and Gas Lines with city permits, New electrical throughout, New double pane windows, New Roof, New Tile Walk-In Shower, New Kitchen with Butcher Block Countertops. Tankless Water Heater and 2 Top of the lines Wall Air Conditioners (Ductless Mini Split)Did I mention the extra large lot? This house won't last long, let this be the place you call home. The manager has listed the unit size as 980 square feet.
| |||
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Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Barstow
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Listed by: KENNETH ADKINS, CENTURY 21 LOIS LAUER REALTY
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IV18151522
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IV18151522
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