$879,000
●
House -
Off Market
31324 Knoll Drive
Redlands, CA 92373
3 Beds
2 Baths,
1
Half Bath
2,620 Ft²
$1,329,951
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model
About This Property
Completely secluded from neighbors and noise, this private palace
sits atop a gorgeous viewpoint in Redlands. Boasting the best views
in the whole city, this home makes its residents feel like the king
of the hill. Sitting on almost 5 acres of gorgeous land, the slopes
provide the perfect opportunity to culture delicious groves of
avocado or orange trees. Inside, this home offers beautiful
upgrades, modern details, spacious rooms, and so much more. The
sleek kitchen features stainless steel appliances, a large
breakfast nook, and an open floor plan into the living room. Two
fireplaces in the family rooms provide the ultimate spot for
relaxation. Expansive windows allow you to see the gorgeous
Redlands view no matter where you are in the house. Each room
maintains a certain old world charm from the original 1950s style
craftsmanship, it's a stunning piece of history you get with such a
modern home. The backyard is an oasis featuring an unbelievable
pool lined with palm trees, a large built in gazebo, yard space,
ample patio area, and of course, a front row seat to the cotton
candy colored sunset every night.
Unit Size
2,620 Ft²
Days on Market
222 days
Land Size
5.10 acres
Price per sqft
$336
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: 5 months ago (CRMLS #EV17274710)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 23, 2018 | Sold | ||
| Sold | |||
| Dec 13, 2017 | Listed by BHHS PERRIE MUNDY REALTY GROUP | $879,000 | |
| Listed by BHHS PERRIE MUNDY REALTY GROUP | |||
Property Highlights
Air Conditioning
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 South Redlands
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Listed by: PERRIE MUNDY, BHHS PERRIE MUNDY REALTY GROUP
Last Updated: 5 months ago
Data Source: CRMLS, MLS# EV17274710
Last Updated: 5 months ago
Data Source: CRMLS, MLS# EV17274710
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