$348,000
●
House -
Off Market
31 Billings Avenue
Beaumont, CA 92223
4 Beds
3 Baths
2,419 Ft²
$520,520
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model
About This Property
Welcome to this large expansive home located in the desirable
Seneca Springs community. The front has a covered patio,
beautifully landscaped front, and rear yards. This open floor plan
greets you with soaring 18 ft ceilings, tile flooring in the main
first-floor traffic areas of kitchen, bath, living, and dining
room. Large kitchen with island and breakfast bar, lots of
cabinets, recessed lighting and wide open to the family room with
fireplace and media niche. The first floor also has the
desirable first-floor bedroom and bathroom and 3 car tandem direct
access attached garage. Upstairs has lots of cabinet storage, 3
large bedrooms, 2 bathrooms and a convenient laundry room with
cabinets. Walking distance to the shopping center, easy
access to 60 freeway and no HOA.
Unit Size
2,419 Ft²
Days on Market
60 days
Land Size
0.12 acres
Price per sqft
$147
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2006
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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 #OC19153493)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 27, 2019 | Sold | ||
| Sold | |||
| Jun 28, 2019 | Listed by Keller Williams Realty | $355,000 | |
| Listed by Keller Williams Realty | |||
Property Highlights
Garage
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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Sold On
Sold On
HOA + Taxes
About Seneca Springs
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Listed by: Brian Brassil, Keller Williams Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC19153493
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC19153493
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