$305,000
●
House -
Off Market
413 Redwood Drive
Crestline, CA 92325
2 Beds
1 Bath
1,218 Ft²
$407,497
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model
About This Property
Enjoy the incredible warm rustic mountain feel in this custom
remodeled home on 3 lots. The owner is a local contractor that
completed a permitted full remodel in 2014 while preserving the
1930's cabin feel. Lots of fabulous features and several outdoor
entertaining spaces. Separate outbuilding storage/workshop,
insulated greenhouse and an abundant vegetable garden. Enjoy fresh
eggs every morning from your chicken coop! Bedroom and bathroom on
the main floor. Large loft bedroom upstairs with lots of natural
light from skylights above leads to private deck with hot tub.
Lower level features laundry, bathroom and office/bonus space could
be used as in-law/guest suite. Entertaining deck doubles as
carport. Extensive use of custom concrete and stone. You must come
view the home to appreciate all the unique features and quality
workmanship.
Unit Size
1,218 Ft²
Days on Market
18 days
Land Size
0.15 acres
Price per sqft
$244
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1936
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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 #RW2201350)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 2, 2022 | No longer available | - | |
| No longer available | |||
| Jun 3, 2022 | In contract | - | |
| In contract | |||
| May 22, 2022 | Listed by CAPRE | $449,000 | |
| Listed by CAPRE | |||
| | |||
|
Welcome home to this incredible warm rustic mountain feel in this custom remodeled home on 3 lots. Fully remodel in 2014 while preserving the 1930’s cabin feel. Lots of fabulous features and several outdoor entertaining spaces. Separate outbuilding storage/workshop, insulated greenhouse and a vegetable garden. Enjoy fresh eggs every morning from your chicken coop! Bedroom and bathroom on the main floor. Large loft bedroom upstairs with lots of natural light from skylights above leads to private deck with hot tub. Lower level features laundry, bathroom and office/bonus space could be used as in-law/guest suite with separate entrance. Entertaining deck doubles as carport. Extensive use of custom concrete and stone. You must come view the home to appreciate all the unique features and quality workmanship. The manager has listed the unit size as 912 square feet.
| |||
| Aug 31, 2020 | Sold | ||
| Sold | |||
| Aug 13, 2020 | Listed by CAPRE | $297,500 | |
| Listed by CAPRE | |||
Property Highlights
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 Crestline
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Listed by: Brian Cohen, CAPRE
Last Updated: 5 months ago
Data Source: CRMLS, MLS# RW2201350
Last Updated: 5 months ago
Data Source: CRMLS, MLS# RW2201350
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