$383,000
●
House -
Off Market
421 Hastings Street
Redlands, CA 92373
3 Beds
2 Baths
1,200 Ft²
$570,373
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model
About This Property
Cute single story South Redlands home with 3 bedroom/ 2 bathroom,
1200 sq ft, located in a great neighborhood. The Kitchen was
updated in 2002 (approx) and offers a pantry
with pullout drawers. The dining room is open to the living
room with custom shutters in the window and laminate floor.
The spacious family room has a newer sliding door with access
to a covered patio and the back yard. There are 2 good size
bedrooms that share the main "updated" bathroom plus a master
suite with a private bath. The 2 car garage offers
direct access into the kitchen and the long driveway offers ample
room to park. Located close to Redlands Community Hospital,
Redlands schools: Cope and Smiley, downtown, shopping,
restaurants, and has easy access to the 10 freeway. Ready for
your personal touches to make this house your own.
Unit Size
1,200 Ft²
Days on Market
62 days
Land Size
0.18 acres
Price per sqft
$324
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1956
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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 #EV19137105)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 29, 2019 | Sold | ||
| Sold | |||
| Jun 11, 2019 | Listed by Berkshire Hathaway Homeservices California Realty | $389,000 | |
| Listed by Berkshire Hathaway Homeservices California 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
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Type
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Baths
ft²
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HOA + Taxes
About South Redlands
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Listed by: COLEEN WESSEL, Berkshire Hathaway Homeservices California Realty
Last Updated: 5 months ago
Data Source: CRMLS, MLS# EV19137105
Last Updated: 5 months ago
Data Source: CRMLS, MLS# EV19137105
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