$360,000
●
House -
Off Market
515 Solano Way
Redlands, CA 92374
3 Beds
2 Baths,
1
Half Bath
1,538 Ft²
$588,251
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model
About This Property
Beautiful Redlands Remodeled Home! This corner lot with close
proximity to schools, shopping centers and freeway access.
has three spacious bedrooms and 2.5 bathrooms and a large
loft area. The staircase is extra wide. The landscape
is sustainable and has been completely designed to offers two tone
gravel, fresh sod and automatic sprinkler system. Walk into this
home with its open floor plan which includes, living and
dining room, high ceilings and new carpet. The Kitchen is bright
with lots of natural lighting which offers granite counter tops,
new appliances and a breakfast nook area. Other amazing features
include freshly painted interior, exterior and a 2 car garage with
custom storage cabinets. The backyard is flat and open with
nice view. Make an appointment to tour this home today.
Unit Size
1,538 Ft²
Days on Market
88 days
Land Size
0.18 acres
Price per sqft
$239
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1987
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Cap Rate Calculator
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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 #IV17093995)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 28, 2017 | Sold | ||
| Sold | |||
| May 1, 2017 | Listed by REDFIN | $368,000 | |
| Listed by REDFIN | |||
Property Highlights
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 North Redlands
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: NIEMA THOMAS, REDFIN
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IV17093995
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IV17093995
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