$175,000
●
House -
Off Market
14130 Brucite Road
Victorville, CA 92392
3 Beds
2 Baths
1,844 Ft²
$264,728
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model
About This Property
2 homes on a lot at a central location of Victorville near Palmdale
and Amethyst. Currently being used as an income property, but could
be a great place to live too! Current tenants pay $950 a month to
stay in the main house, which is manufactured on permanent
foundation. The guest house is a roughly 500 sqft stick-built
structure which has not been recorded with the county recorder, so
the assessed square footage shows 1344 but is actually more like
1844. The guest house is currently vacant, and the previous tenant
paid $500 a month. Also, the owner currently rents out a section of
the property to someone to park their cars, and pays $150 a month
for that. He also says the garage and storage unit on the property
rents out for an additional $200 a month. Seller has recently
renovated the property.
Unit Size
1,844 Ft²
Days on Market
92 days
Land Size
0.59 acres
Price per sqft
$95
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1986
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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 #OC18138628)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 5, 2018 | No longer available | - | |
| No longer available | |||
| Aug 24, 2018 | Sold | ||
| Sold | |||
| Jun 11, 2018 | Listed | $175,000 | |
| Listed | |||
| | |||
|
2 homes on a lot at a central location of Victorville near Palmdale and Amethyst. Currently being used as an income property, but could be a great place to live too! Current tenants pay $950 a month to stay in the main house, which is manufactured on permanent foundation. The guest house is a roughly 500 sqft stick-built structure which has not been recorded with the county recorder, so the assessed square footage shows 1344 but is actually more like 1844. The guest house is currently vacant, and the previous tenant paid $500 a month. Also, the owner currently rents out a section of the property to someone to park their cars, and pays $150 a month for that. He also says the garage and storage unit on the property rents out for an additional $200 a month. Seller has recently renovated the property. The manager has listed the unit size as 1844 square feet.
| |||
| May 24, 2018 | Listed by Re/Max Freedom | $175,000 | |
| Listed by Re/Max Freedom | |||
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 West City
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Bryan Hossack, Re/Max Freedom
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC18138628
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC18138628
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