$360,000
●
House -
Off Market
209 N Grove Street
Redlands, CA 92374
2 Beds
1 Bath
846 Ft²
$535,491
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model
About This Property
Charming Mediterranean inspired Villa located within walking
distance from the prestigious University of Redlands. This
home has everything you have been looking for and more. The
home consists of 2 bedrooms and 1 bath with an additional detached
unit with 1 bedroom and 1 bath. The additional unit is ideal
for students or it can be used as a guest house. The home has
been pleasantly upgraded throughout. The home features
upgraded flooring, granite counter tops, crown molding, jetted bath
tub and many more. Must see to appreciate! More
pictures to follow.
Unit Size
846 Ft²
Days on Market
82 days
Land Size
0.12 acres
Price per sqft
$431
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1950
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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: 10 months ago (CRMLS #EV19083958)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 3, 2022 | No longer available | - | |
| No longer available | |||
| Oct 12, 2022 | In contract | - | |
| In contract | |||
| Oct 4, 2022 | Listed by FENN REAL ESTATE, INC. | $400,000 | |
| Listed by FENN REAL ESTATE, INC. | |||
| | |||
|
Upgraded & Remodeled home within walking distance of University of Redlands. Home features 2 bedrooms 1 bath. Single car garage has been converted to living space as a 1 bedroom 1 bath studio style apartment. Main home has central heat & air with lots of upgrades throughout including recessed lighting, upgraded moldings, window & door trim and laminate flooring. Kitchen features upgraded cabinetry, island, granite countertops, stainless steal appliances & sink and large backsplash. Bathroom features shower tub combo with a tile surround jetted tub and upgraded vanity. Back unit contains private bathroom with a shower, wall air conditioning unit and gas cooktop. Water softener system included in home. This is a great opportunity to live in the main house and rent out the back unit. Come & see! The manager has listed the unit size as 846 square feet.
| |||
| Jul 3, 2019 | Sold | ||
| Sold | |||
| Apr 12, 2019 | Listed by REAL ESTATE MASTERS GROUP | $364,900 | |
| Listed by REAL ESTATE MASTERS GROUP | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
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HOA + Taxes
About North Redlands
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Patricia Gutierrez, REAL ESTATE MASTERS GROUP
Last Updated: 10 months ago
Data Source: CRMLS, MLS# EV19083958
Last Updated: 10 months ago
Data Source: CRMLS, MLS# EV19083958
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