$174,000
●
Condo -
Off Market
1582 Christopher Lane
Redlands, CA 92374
2 Beds
1 Bath,
1
Half Bath
919 Ft²
$263,754
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model
About This Property
Great little condo with 2 bedrooms and 1 1/2 baths. Single
story. Forced heat and AC. Nice private patio.
Vinyl fence and Cement wall. 2 car attached garage with
roll up door. So Much Potential. Needs basic, cosmetic
rehab. Carpet and Oven has been removed, so. Looking
for fast sale, all cash buyer.
Unit Size
919 Ft²
Days on Market
27 days
Land Size
0.05 acres
Price per sqft
$180
Property Type
Condo
Property Taxes
-
HOA Dues
$280
Year Built
1975
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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 #EV17141174)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 17, 2017 | Sold | ||
| Sold | |||
| Jun 20, 2017 | Listed by KELLER WILLIAMS REALTY | $165,000 | |
| Listed by KELLER WILLIAMS REALTY | |||
Property Highlights
Air Conditioning
Fireplace
With View
Garage
Parking Details
Has Garage
Attached Garage
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: PrimarySuite
Laundry Features: In Garage
Fireplace Features: None
Exterior Details
Has Property Attached
Square Footage: 919
Year Built Source: Assessor
Year Built: 1975
Levels: One
Pool Features: Association
Lot Features: Cul-De-Sac
Lot Size Area: 2138
Lot Size Units: Square Feet
Lot Size Acres: 0.049
Lot Size Square Feet: 2138
Tax Lot: 54
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Sewer
HOA/Condo/Coop Amenities: Maintenance Grounds, Other, Picnic Area, Pool, Tennis Court(s), Water
HOA Fee: $280
HOA Fee Frequency: Monthly
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/20/2017
| |
2 Bed
|
1 Bath
|
919 ft²
|
$165,000
2 Bed
1 Bath
919 ft²
|
$174,000
+5.45%
07/17/2017
|
MITCHELL WEISBERG
KELLER WILLIAMS REALTY
|
Building Info
About North Redlands
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Listed by: MITCHELL WEISBERG, KELLER WILLIAMS REALTY
Last Updated: 5 months ago
Data Source: CRMLS, MLS# EV17141174
Last Updated: 5 months ago
Data Source: CRMLS, MLS# EV17141174
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