35233 Acacia Avenue
About This Property
Welcome to this adorable cottage-style home in lovely Yucaipa! This 3 bedroom (third bedroom currently being used as an office), 1 bath home is the perfect starter home and won't last long at this price!! Come home to a spacious kitchen, separate laundry room, newer laminate flooring, dual paned windows, and recent paint on the interior and exterior. There is also a large shed and alley access to the backyard with a wide gate for your convenience. In 2017 the heater, AC, and all ductwork were redone. The property also underwent extensive retrofitting to the foundation for structural integrity and earthquake safety compliance. If you don't want to stay home and relax in this quiet neighborhood, enjoy being within walking distance to local Yucaipa shopping and right around the corner from Uptown Yucaipa for the Farmers Market and Uptown Unplugged nights. Uptown Yucaipa boasts antique shops, a brewery, restaurants, and a local coffee shop to name a few. Perfect for a first-time homebuyer or anyone that would appreciate the convenience of pedestrian access to food, shopping, and entertainment!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 18, 2022 | No longer available | - | |
| No longer available | |||
| Oct 13, 2022 | In contract | - | |
| In contract | |||
| Oct 9, 2022 | Price Decreased |
$349,999
↓ $29K
(7.7%) | |
| Price Decreased | |||
| Sep 21, 2022 | Listed by RE/MAX ADVANTAGE | $379,000 | |
| Listed by RE/MAX ADVANTAGE | |||
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This charming upper Yucaipa Home has a new roof and sky light and a completely remodeled kitchen and bath.The Kitchen has a new stove and vent. It also has new cabinets, quartz counter tops and a new sink. Included is a stainless steel refrigerator. The spacious floorplan has 2 bedrooms and a remodeled bath with a barn door to add to the charm. It also have a dining area and a bonus area for a study. There is an a laundry room just off the kitchen. Also has central heat and ac. The large fully fenced back yard is an open slate but it has and it has an amazing storage unit.Walking distance to all downtown restaurants and shops. The manager has listed the unit size as 720 square feet.
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| Nov 21, 2019 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017