$355,000
●
House -
Off Market
40914 Lincoln Place
Cherry Valley, CA 92223
2 Beds
2 Baths
1,062 Ft²
$373,806
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model
About This Property
This Cherry Valley one-story home offers a two-car garage.
This home has been virtually staged to illustrate its potential.
This home has been virtually staged to illustrate its potential.
Unit Size
1,062 Ft²
Days on Market
113 days
Land Size
0.18 acres
Price per sqft
$334
Property Type
House
Property Taxes
-
HOA Dues
$185
Year Built
1984
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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 #IV21240509)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 23, 2022 | Sold | ||
| Sold | |||
| Nov 2, 2021 | Listed by OPENDOOR BROKERAGE INC. | $355,000 | |
| Listed by OPENDOOR BROKERAGE INC. | |||
| Jan 18, 2019 | Sold | ||
| Sold | |||
| Oct 2, 2018 | Listed by TRAYER REALTY, INC. | $249,900 | |
| Listed by TRAYER REALTY, INC. | |||
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Great Location! On cul de sac, large private lot with lush landscaping, and incredible views of golf course and San Gorgonio Mountains. The Highland Springs Country Club (55+ gated community) features free golf for residents no mello roos, pool & spa, clubhouse, and tennis courts all just steps away from your home. Distinctive architecture with regal exterior arched entry. Interior features tile floors in kitchen, bathrooms, and living areas. Fireplace in living room. Stainless Steel Refrigerator, Range & Microwave, as well as Washer & Dryer all included! Master Suite. New central air and heat($6,350), new hot water heater. Lovely golf course frontage rear patio.
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Cherry Valley
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Listed by: BEN BRAKSICK, OPENDOOR BROKERAGE INC.
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV21240509
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV21240509
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