1540 Campus Avenue
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 29, 2020 | Sold | ||
| Sold | |||
| Jun 14, 2020 | Listed by Red Diamond Realty | $359,900 | |
| Listed by Red Diamond Realty | |||
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Come see this beautiful single story home located in the highly desirable area of North Redlands. This 3 bedroom, 2 bathroom house is near major shopping centers, entertainment, and minutes away from the gorgeous campus of the University of Redlands. This great family home has a newer roof and exterior paint (within the last 3 years) and brand new vinyl fencing, a new water heater, and brand new double-pane/energy efficient windows throughout the whole house. The backyard is a nice size for entertaining, gardening, and relaxing while you take in the beautiful mountain views. Come take a peak at affordable living in Redlands with all that it offers, including great schools, parks, and a wonderful community!
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| Mar 28, 2017 | Sold | ||
| Sold | |||
| Feb 13, 2017 | Listed by Dustin Lucas, Broker | $317,000 | |
| Listed by Dustin Lucas, Broker | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017