$166,000
●
Mobile Manufactured -
Off Market
21016 Short Avenue
Apple Valley, CA 92307
3 Beds
2 Baths
1,056 Ft²
$255,788
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model
About This Property
Newly remodeled rural home. Near 15 and not far from WalMart
distribution Center. Wide open skies at night and the feeling of
wide open spaces surround this home. New appliances, new paint, new
granite counter tops, new flooring throughout. All walls are fully
taped and textured to give the home a warm, comfortable, modern
residential look and feel. The floor plan is open and the bedrooms
are nicely sized. The driveway wraps around in a semi circle with
two lockable gate entrances. This is the perfect property for the
right person. A third of this large 2.44 acre lot is fully fenced.
Indoor laundry area.Subject to cancellation of existing
escrow-Buyer did not qualify.The property qualifies for zero down
USDA and VA loans in addition to FHA.
Subject to Cancellation of existing escrow-Buyer did not get Downpayment assistance promised by Lender.
New Well water storage tank system.
Subject to Cancellation of existing escrow-Buyer did not get Downpayment assistance promised by Lender.
New Well water storage tank system.
Unit Size
1,056 Ft²
Days on Market
148 days
Land Size
2.44 acres
Price per sqft
$162
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
-
Year Built
1987
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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 #SB18263012)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 1, 2019 | No longer available | - | |
| No longer available | |||
| Sep 27, 2019 | Listed | $171,000 | |
| Listed | |||
| | |||
|
Newly remodeled rural home. Near 15 and not far from WalMart distribution Center. Wide open skies at night and the feeling of wide open spaces surround this home. New appliances, new paint, new granite counter tops, new flooring throughout. All walls are fully taped and textured to give the home a warm, comfortable, modern residential look and feel. The floor plan is open and the bedrooms are nicely sized. The driveway wraps around in a semi circle with two lockable gate entrances. This is the perfect property for the right person. A third of this large 2.44 acre lot is fully fenced. Indoor laundry area.Subject to cancellation of existing escrow-Buyer did not qualify.The property qualifies for zero down USDA and VA loans in addition to FHA. Subject to Cancellation of existing escrow-Buyer did not get Downpayment assistance promised by Lender. New Well water storage tank system. The manager has listed the unit size as 1056 square feet.
| |||
| Mar 28, 2019 | Sold | ||
| Sold | |||
| Oct 31, 2018 | Listed by Bankers Realty Exclusive, Inc. | $171,000 | |
| Listed by Bankers Realty Exclusive, Inc. | |||
Property Highlights
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 San Bernardino
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Listed by: Dilip Sheth, Bankers Realty Exclusive, Inc.
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SB18263012
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SB18263012
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