$372,900
●
House -
Off Market
1453 Paloma Avenue
Redlands, CA 92374
3 Beds
1 Bath,
1
Half Bath
1,552 Ft²
$548,163
RealtyHop Estimate
47.00%
Since Jul 1, 2019
National-US
Primary Model
About This Property
**Price Reduction** Great Redlands home on a corner lot in a quiet
neighborhood featuring large kitchen with custom cabinets, custom
made concrete kitchen counters, large island and dining area.
Beautiful crown molding all throughout. Floors have 18' tiles and
laminate. Energy efficient windows and new water heater. Fireplace
in the living room with new mantle. Classy Tiffany chandelier hangs
over the stairs. Large bedrooms upstairs with large master
bedroom/bathroom with walk in closet. From master bedroom, a
sliding glass door exits out to a beautiful large relaxing balcony
with views of the mountains and the fireworks from the U of R.
Beautiful backyard made for entertaining with an outdoor bbq
kitchen. Retreat patio with fire pit and bench seating. Large
woodshop with barn doors 220v wiring. RV parking. White wrought
iron fence wraps around front yard to give privacy. Yard has fruit
trees that include oranges, apricots, Bing cherries, plum and
lemons. This beautiful home has lots to offer. Close to shopping.
Unit Size
1,552 Ft²
Days on Market
83 days
Land Size
0.18 acres
Price per sqft
$240
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1979
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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 #EV19077343)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 27, 2019 | Sold | ||
| Sold | |||
| Apr 5, 2019 | Listed by CITRUS HEIGHTS PROPERTIES | $372,900 | |
| Listed by CITRUS HEIGHTS PROPERTIES | |||
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 North Redlands
Similar Homes for Sale
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Listed by: OSCAR CERVANTES, CITRUS HEIGHTS PROPERTIES
Last Updated: 5 months ago
Data Source: CRMLS, MLS# EV19077343
Last Updated: 5 months ago
Data Source: CRMLS, MLS# EV19077343
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