$625,000
●
House -
Off Market
503 S Eureka Street
Redlands, CA 92373
3 Beds
2 Baths,
1
Half Bath
1,850 Ft²
$885,177
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model
About This Property
VOILA TO THE 10TH POWER! YES, FINALLY A SINGLE STORY
CRAFTSMAN STYLE HOME WITH THE QUINTESSENTIAL ROCK WRAP AROUND FRONT
PORCH!
WIDE FRONT GLASS DOOR WELCOMES YOU INTO THE LIVING ROOM ROOM WITH ROCK FIREPLACE AND A HUGE PICTURE WINDOW PLUS TWIN WINDOWS OPPOSITE THE FIREPLACE. THE LIVING AND DINING SPACE IS VERY OPEN AND INVITING - PERFECT FOR ENTERTAINING A LARGE GROUP OF PEOPLE. THE MASTER BEDROOM HAS IT'S OWN BATHROOM AND A LARGE WALK IN CLOSET WITH AMPLE BUILT- IN SHELVING. FRENCH DOORS LEAD FROM MASTER TO THE REAR YARD AND PATIO PLUS THERE IS A PERGOLA. MODERN KITCHEN WITH AREA FOR BISTRO BREAKFAST NOOK HAS TILE FLOORS AND KITCHEN SOAPSTONE COUNTERS REMINISCENT OF THE ERA (1910). THE CENTRAL HEAT AND AIR SYSTEM IS NEWER. THERE IS A WEALTH OF STORAGE AND ALL THE BEDROOMS CLOSETS ARE LARGE WALK IN'S. THE OVERSIZED TWO CAR GARAGE WAS BUILT IN 2002. THIS TYPLE OF HOME IN THIS GREAT LOCATION CLOSE TO DOWNTOWN DOES NOT COME UP ON THE MARKET VERY OFTEN. IT IS ON A WELL-LOVED STREET AND MANY NEIGHBORS REPORT THAT THEY NEVER WANT TO LEAVE THE 400-500 BLOCK OF EUREKA.
WIDE FRONT GLASS DOOR WELCOMES YOU INTO THE LIVING ROOM ROOM WITH ROCK FIREPLACE AND A HUGE PICTURE WINDOW PLUS TWIN WINDOWS OPPOSITE THE FIREPLACE. THE LIVING AND DINING SPACE IS VERY OPEN AND INVITING - PERFECT FOR ENTERTAINING A LARGE GROUP OF PEOPLE. THE MASTER BEDROOM HAS IT'S OWN BATHROOM AND A LARGE WALK IN CLOSET WITH AMPLE BUILT- IN SHELVING. FRENCH DOORS LEAD FROM MASTER TO THE REAR YARD AND PATIO PLUS THERE IS A PERGOLA. MODERN KITCHEN WITH AREA FOR BISTRO BREAKFAST NOOK HAS TILE FLOORS AND KITCHEN SOAPSTONE COUNTERS REMINISCENT OF THE ERA (1910). THE CENTRAL HEAT AND AIR SYSTEM IS NEWER. THERE IS A WEALTH OF STORAGE AND ALL THE BEDROOMS CLOSETS ARE LARGE WALK IN'S. THE OVERSIZED TWO CAR GARAGE WAS BUILT IN 2002. THIS TYPLE OF HOME IN THIS GREAT LOCATION CLOSE TO DOWNTOWN DOES NOT COME UP ON THE MARKET VERY OFTEN. IT IS ON A WELL-LOVED STREET AND MANY NEIGHBORS REPORT THAT THEY NEVER WANT TO LEAVE THE 400-500 BLOCK OF EUREKA.
Unit Size
1,850 Ft²
Days on Market
46 days
Land Size
0.25 acres
Price per sqft
$335
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1910
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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 #EV20017227)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 10, 2020 | Sold | ||
| Sold | |||
| Jan 24, 2020 | Listed by RE/MAX ADVANTAGE | $619,000 | |
| Listed by RE/MAX ADVANTAGE | |||
Property Highlights
Air Conditioning
Fireplace
Garage
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 South Redlands
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Listed by: MARJORIE LEWIS, RE/MAX ADVANTAGE
Last Updated: 5 months ago
Data Source: CRMLS, MLS# EV20017227
Last Updated: 5 months ago
Data Source: CRMLS, MLS# EV20017227
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