$450,000
●
House -
Off Market
30567 Independence Avenue
Redlands, CA 92374
4 Beds
2 Baths,
1
Half Bath
2,074 Ft²
$608,309
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model
About This Property
Come home to this beautiful Redlands retreat that has recently been
updated with new laminate and tile flooring. Walk inside to
find vaulted ceilings, a game room adjacent to a large dining room
and remodeled kitchen before relaxing beside the fireplace in the
living room. Retire upstairs to one of four spacious bedrooms and
2.5 bathrooms. The generously-sized Master Bedroom has an ensuite
and luxurious flooring. Seller will also provide a carpet credit or
install new carpet at close of escrow (your choice of color).
The low maintainance, lush backyard is on an automatic drip
system and gives you the feeling of being on a tropical vacation!
Relax in the the spa which features a bluetooth stereo,
lights, and a fountain-all built into a raised redwood deck.
The roof was completely re-papered five years ago and a new
HVAC system was installed four years ago. You will absolutely
love this centrally located home that is close to schools and
shopping!
Unit Size
2,074 Ft²
Days on Market
85 days
Land Size
0.13 acres
Price per sqft
$217
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1986
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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 #EV20131190)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 29, 2020 | Sold | ||
| Sold | |||
| Jul 6, 2020 | Listed by RE/MAX ADVANTAGE | $450,000 | |
| Listed by RE/MAX ADVANTAGE | |||
Property Highlights
Air Conditioning
Fireplace
Garage
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 Mentone
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Listed by: ALLISON FERGUSON, RE/MAX ADVANTAGE
Last Updated: 4 months ago
Data Source: CRMLS, MLS# EV20131190
Last Updated: 4 months ago
Data Source: CRMLS, MLS# EV20131190
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