$89,000
●
House -
Off Market
2040 Cortez Street
Needles, CA 92363
3 Beds
1 Bath
1,044 Ft²
$128,483
RealtyHop Estimate
44.36%
Since Mar 1, 2020
National-US
Primary Model
About This Property
MOVE IN READY HOME in Needles!! This cozy home features 3 bedrooms
and 1 bathroom. Beautifully landscaped, low maintenance, front yard
with artificial grass, decorative curbing, river rock and concrete
walkways. Large back yard with two storage sheds. One of the sheds
is brand new and has outlets and lighting. Backyard can be accessed
from the alley and has plenty of room for a garage, pool, garden
and pets. Additional storage room off the fully covered carport.
Call to see this home today!
Unit Size
1,044 Ft²
Days on Market
135 days
Land Size
0.19 acres
Price per sqft
$85
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1958
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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 #JT19243127)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 10, 2020 | No longer available | - | |
| No longer available | |||
| Feb 26, 2020 | Sold | ||
| Sold | |||
| Oct 30, 2019 | Listed | $92,500 | |
| Listed | |||
| | |||
|
MOVE IN READY HOME in Needles!! This cozy home features 3 bedrooms and 1 bathroom. Beautifully landscaped, low maintenance, front yard with artificial grass, decorative curbing, river rock and concrete walkways. Large back yard with two storage sheds. One of the sheds is brand new and has outlets and lighting. Backyard can be accessed from the alley and has plenty of room for a garage, pool, garden and pets. Additional storage room off the fully covered carport. Call to see this home today! The manager has listed the unit size as 1044 square feet.
| |||
| Oct 14, 2019 | Listed by Caleene Williams, Broker | $89,000 | |
| Listed by Caleene Williams, Broker | |||
Property Highlights
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
About Needles
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Listed by: Kimberli Willis, Caleene Williams, Broker
Last Updated: 4 months ago
Data Source: CRMLS, MLS# JT19243127
Last Updated: 4 months ago
Data Source: CRMLS, MLS# JT19243127
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