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1641 James Court
About This Property
You'll fall in love the moment you step through the front door. Your new kitchen comes equipped with New Kitchen Cabinets, Quartz Counter Tops complete with a stainless steel stove and dishwasher, generous cabinet space, and recessed lighting. Great for entertaining, celebrating holidays, enjoying the cozy fireplace in your spacious new living room. Gorgeous new laminate wood floors throughout the home. Enjoy natural sunlight through the large, new windows. Stay cool or warm with a energy efficient Central AC and Heating unit. A large front and backyard to enjoy bbq's, sports and private outdoors.
Location is critical when buying a house, and you can't go wrong with Redlands. This is a young, vibrant city that is full of California history. Elementary, Jr. High and High School as well as the University of Redlands, which is just a few minutes away. When you are ready for a night out, you'll love the delightful dining and nightlife options downtown, and you'll be close to parks, shopping, and adventures in the great outdoors.
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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 |
|---|---|---|---|
| Dec 14, 2018 | Sold | ||
| Sold | |||
| Oct 1, 2018 | Listed by NextHome CREA Real Estate | $369,888 | |
| Listed by NextHome CREA Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017