$560,000
●
House -
Off Market
608 Glenwood Drive
Redlands, CA 92373
2 Beds
1 Bath
832 Ft²
$2,750
Est. Monthly
About This Property
Charming South Redlands home, one block from Olive Ave Market and
three blocks from the Redlands Bowl! Built in 1936, this 'Minimal
Traditional' single story home with a detached one car garage on a
level lot with a private backyard is classic Redlands. You're
greeted by mature trees and a front porch. Enter into a
comfortable living room with solid surface flooring. The
kitchen in the back of the home retains its vintage tile, and there
is a small dining area attached. There is also an indoor laundry
space off of the kitchen, with additional storage and direct access
to the back yard. The two bedrooms are serviced by a full
bathroom. The private yard has a sizable lawn, and gated
parking. There is central heat and AC, and the electrical
panel has been upgraded. Excellent Redlands Schools.
Unit Size
832 Ft²
Days on Market
85 days
Land Size
0.13 acres
Price per sqft
$673
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: 13 months ago (CRMLS #IG25170575)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 23, 2025 | Sold | ||
| Sold | |||
| Aug 14, 2025 | In contract | - | |
| In contract | |||
| Jun 23, 2025 | Listed by Shaw Real Estate Brokers | $560,000 | |
| Listed by Shaw Real Estate Brokers | |||
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
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: JOSEPH SHAW, Shaw Real Estate Brokers
Last Updated: 13 months ago
Data Source: CRMLS, MLS# IG25170575
Last Updated: 13 months ago
Data Source: CRMLS, MLS# IG25170575
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