Listed by: Michelle Shepherd, Meritage Homes of California
$620,795
●
House -
Off Market
2062 Bergamot Street
Redlands, CA 92373
3 Beds
3 Baths,
1
Half Bath
1,815 Ft²
$3,232
Est. Monthly
$145
HOA / Fees
5.15%
Cap Rate
About This Property
Brand new, energy-efficient home available NOW! Featuring a
single-family home with expansive primary suites, chef-inspired
kitchens, and flexible lofts.Umber cabinets with niagara quartz
countertops, windmont EVP flooring with textured beige carpet in
our Balanced package. Willow at Live Oak is now selling with
designer-decorated model homes in Redlands, CA. Featuring
two-story, single-family homes with expansive primary suites,
chef-inspired kitchens, and flexible lofts. Every home boasts
energy-efficient features such as multispeed HVAC systems, spray
foam insultation, and high-performance air filtration so you can
spend less on utility bills and more on the things that matter
most. Each of our homes is built with innovative,
energy-efficient features designed to help you enjoy more savings,
better health, real comfort and peace of mind.
Unit Size
1,815 Ft²
Days on Market
69 days
Land Size
0.08 acres
Price per sqft
$346
Property Type
House
Property Taxes
-
HOA Dues
$145
Year Built
1992
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Cap Rate Calculator
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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: 2 years ago (CRMLS #OC24180163)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 12, 2024 | Sold | ||
| Sold | |||
| Oct 4, 2024 | In contract | - | |
| In contract | |||
| Sep 25, 2024 | Price Increased |
$628,675
↑ $2K
(0.3%) | |
| Price Increased | |||
| Sep 14, 2024 | Price Increased |
$626,675
↑ $8K
(1.3%) | |
| Price Increased | |||
| Aug 29, 2024 | Listed by Meritage Homes of California | $618,795 | |
| Listed by Meritage Homes of California | |||
Property Highlights
Garage
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 West Redlands
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Listed by: Michelle Shepherd, Meritage Homes of California
Last Updated: 2 years ago
Data Source: CRMLS, MLS# OC24180163
Last Updated: 2 years ago
Data Source: CRMLS, MLS# OC24180163
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