1
Map
$360,000
●
House -
Off Market
618 North Place
Redlands, CA 92373
2 Beds
1 Bath
902 Ft²
$516,185
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model
About This Property
Adorable 2 bedroom, 1 bath home in South Redlands with many perks!
This home has all wood flooring, kitchen has newer custom cabinetry
and countertops, indoor laundry room is large and has lots of
storage, bathroom is large and recently remodeled. AC is almost
brand new (about 1 year) and has an all house fan. All the piping
has been replaced with copper piping! Sewer line has been replaced
with an epoxy line. The detached 1 car garage has a separate
attached workshop at the back. Back yard is large and has an all
new Trex deck! Fresh high quality paint inside and out! The back
bedroom is a custom tropical tiki room!
Unit Size
902 Ft²
Days on Market
64 days
Land Size
0.14 acres
Price per sqft
$388
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1949
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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 #EV19027102)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 15, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 18, 2024 | In contract | - | |
| In contract | |||
| Sep 6, 2024 | Listed by Realty Masters & Associates | $569,000 | |
| Listed by Realty Masters & Associates | |||
| | |||
|
Welcome home to your charming 2 bedroom, 1 bath home in the beautiful city of Redlands! This home features wood flooring, recently remodeled kitchen with newer appliances and shelf to ceiling subway tile backsplash, an indoor laundry room with shelves and a butcher block countertop above the appliances, a large bathroom with upgraded countertops and an extra large LED illuminated mirror, and central heat and air which includes a whole house fan. Your long driveway will take you straight to your detached 1 car garage that offers a separate attached workshop at the back, perfect for any hobbies or extra storage. The large backyard features a Trex deck, perfect for you to host your friends and family or to just simply enjoy your own space. Come tour this home today and make it your own, this home won't last long. Will you be the new homeowners?
| |||
| May 3, 2019 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About South Redlands
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Listed by: KARAH SHAW, KELLER WILLIAMS REALTY
Last Updated: 5 months ago
Data Source: CRMLS, MLS# EV19027102
Last Updated: 5 months ago
Data Source: CRMLS, MLS# EV19027102
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