$285,000
●
House -
Off Market
23014 Redwood Way
Crestline, CA 92325
1 Bed
1 Bath
750 Ft²
$255,730
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model
About This Property
This little cottage in the woods has been lovingly rejuvenated. Set
on a nearly level lot, right across from the national forest and
hiking trails, it offers plenty of parking for cars, a trailer
and/or an RV. Enter into a quaint kitchen, which leads to a
spacious living room and dining area. Also on the entry level is
the bathroom with freestanding tub and another room that could be
an office or small bedroom. Upstairs is another cozy bedroom. Enjoy
the wooded surroundings from the deck. You will love the charm and
beautiful setting of this home.
Unit Size
750 Ft²
Days on Market
38 days
Land Size
0.34 acres
Price per sqft
$287
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1940
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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: 5 months ago (CRMLS #RW2300526)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 17, 2021 | Sold | ||
| Sold | |||
| Apr 9, 2021 | Listed by COLDWELL BANKER SKY RIDGE RLTY | $215,000 | |
| Listed by COLDWELL BANKER SKY RIDGE RLTY | |||
| Jan 11, 2020 | No longer available | - | |
| No longer available | |||
| Nov 20, 2019 | Listed | $150,000 | |
| Listed | |||
| | |||
|
Charming cabin in the woods in the Valley of Enchantment. A perfect weekend getaway. New roof and new deck on extra large lot on 1/3 acre. The manager has listed the unit size as 750 square feet.
| |||
Property Highlights
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
Beds
Baths
ft²
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HOA + Taxes
About Crestline
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Listed by: SIMONE KNEPPER, COLDWELL BANKER SKY RIDGE RLTY
Last Updated: 5 months ago
Data Source: CRMLS, MLS# RW2300526
Last Updated: 5 months ago
Data Source: CRMLS, MLS# RW2300526
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