$870,000
●
House -
Off Market
1838 Valle Vista Drive
Redlands, CA 92373
4 Beds
3 Baths
2,820 Ft²
$1,346,524
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model
About This Property
TURN-KEY. VIEW LOT. Beautifully maintained and completely remodeled
Mid-Century modern home, located on a desirable street in South
Redlands. Quiet, private tree-lined street close to the Redlands
Country Club and backing up to Caroline Park. The entire re-model
respects the time period of the home. Open, spacious kitchen with
high-end appliances, caesar stone countertops and the perfect
setting to entertain. The kitchen is a chefs dream! The main house
features 3 large bedrooms and 2 immaculate bathrooms. Separate
laundry, living and family room with floor to ceiling windows with
full exposure to capture those amazing views. Every fine detail is
there! The 4th bedroom and 3rd bathroom are located in a separate
living area off of the garage. Perfect for granny suite, office
space or college student. Both yards have been beautifully
and professionally landscaped and maintained. You won't want to
miss this one of a kind home!
Unit Size
2,820 Ft²
Days on Market
58 days
Land Size
0.38 acres
Price per sqft
$315
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1951
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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: 4 months ago (CRMLS #EV18151555)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 10, 2018 | Sold | ||
| Sold | |||
| Aug 13, 2018 | Listed by CENTURY 21 LOIS LAUER REALTY | $889,000 | |
| Listed by CENTURY 21 LOIS LAUER REALTY | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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HOA + Taxes
About South Redlands
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Listed by: APRIL MANN, CENTURY 21 LOIS LAUER REALTY
Last Updated: 4 months ago
Data Source: CRMLS, MLS# EV18151555
Last Updated: 4 months ago
Data Source: CRMLS, MLS# EV18151555
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