$425,000
●
House -
Off Market
490 Laraine Drive
Beaumont, CA 92223
3 Beds
1 Bath
1,067 Ft²
$2,087
Est. Monthly
About This Property
Great opportunity for homeownership in Beaumont! No HOA dues and
low property taxes. This cute home is centrally located with a
short distance to shopping, schools, community center & sports
parks with just a few minutes to the freeway. Large flat backyard
with patio cover. Central Heat and Air system that is less than 2
years old. Home features laminate and tile flooring, ceiling fans &
is freshly painted. Kitchen features an island, oak cabinets with
tile countertops, recessed lighting, stainless steel appliances and
included refrigerator. Attached garage with interior access, metal
door and laundry hookups. Second gravel/dirt driveway for
additional parking. Beaumont is a great place to call home. Don't
miss out, come & see!
Unit Size
1,067 Ft²
Days on Market
49 days
Land Size
0.17 acres
Price per sqft
$398
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: 2 years ago (CRMLS #IG25124093)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 23, 2025 | Sold | ||
| Sold | |||
| Jun 25, 2025 | In contract | - | |
| In contract | |||
| Jun 4, 2025 | Listed by FENN REAL ESTATE, INC. | $425,000 | |
| Listed by FENN REAL ESTATE, INC. | |||
Property Highlights
Garage
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 Beaumont
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Listed by: David Fenn, FENN REAL ESTATE, INC.
Last Updated: 2 years ago
Data Source: CRMLS, MLS# IG25124093
Last Updated: 2 years ago
Data Source: CRMLS, MLS# IG25124093
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