$515,000
●
House -
Off Market
1717 Rossmont Drive
Redlands, CA 92373
3 Beds
1 Bath
942 Ft²
$813,034
RealtyHop Estimate
51.97%
Since Feb 1, 2019
National-US
Primary Model
About This Property
Charming bungalow style home on a large 6 tenths of an acre lot.
This home is surrounded by million dollar homes.. Totally private
location with Zen-like gardens, mature shade trees, and quiet
sitting area. There is an in-ground pool and a great mountain view.
The home is all on one level with an attached garage. Not included
in the square footage is a guest bedroom and bath on the side of
the garage. It has a separate entry. There is a large deck on the
back of the house overlooking the pool and view. The master bedroom
has French doors that open onto the deck. The interior of the home
features the original brick fireplace and hardwood floors. Live in
this home just the way it is or use your imagination to add on for
a much larger home. You can't overbuild on this street. Excellent
Redlands schools.
Unit Size
942 Ft²
Days on Market
73 days
Land Size
0.60 acres
Price per sqft
$568
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1942
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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 #EV18273558)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 31, 2019 | Sold | ||
| Sold | |||
| Nov 19, 2018 | Listed by RITA SHAW BROKER & ASSOCIATES | $535,000 | |
| Listed by RITA SHAW BROKER & ASSOCIATES | |||
| Jun 6, 2018 | Sold | ||
| Sold | |||
| Mar 8, 2018 | Listed by BHHS PERRIE MUNDY REALTY GROUP | $529,000 | |
| Listed by BHHS PERRIE MUNDY REALTY GROUP | |||
| | |||
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Home sweet home is this private cottage in Redlands. Nestled amongst vibrant foliage and shady trees, this beautiful home is perfect for both relaxing and entertaining! Inside, you'll find an open floor plan with expansive windows and a bright white kitchen. Gorgeous brick fireplace in the family room, spacious bedrooms throughout the home, and charming hardwood floors! Outside, enjoy the best panoramic views from your patio, and a sparkling pool to top it all off. Main residence is 942 square feet with additional 170 square foot guest quarters that includes private bath.
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About South Redlands
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Listed by: RITA SHAW, RITA SHAW BROKER & ASSOCIATES
Last Updated: 5 months ago
Data Source: CRMLS, MLS# EV18273558
Last Updated: 5 months ago
Data Source: CRMLS, MLS# EV18273558
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