$673,000
●
House -
Off Market
727 Esther Way
Redlands, CA 92373
3 Beds
2 Baths
1,481 Ft²
$3,335
Est. Monthly
About This Property
Turnkey, single story home with two car garage, gated RV parking,
and a private yard in a prime South Redlands location. Enter
into a bright, airy living room with a fireplace, and brand new LVP
flooring. A triple slider opens up to a covered back patio.
Dining wraps into the kitchen, which features a Viking six
burner cooktop, bar seating adjacent to a window, and a door with
direct access to the side yard. The primary bedroom features
two closets and a slider leading to the back patio. The
attached primary bathroom has an oversized shower, and a large
vanity. Other upgrades include many dual pane windows throughout,
new carpets, a full interior paint job, and a high efficiency HVAC
system that is dual zoned. Cut down on energy bills by only cooling
the bedroom areas at night. The indoor laundry room features
additional storage, and a folding table. The sizable backyard
is very private, and the RV parking area has hookups for electric,
sewer, and water. Excellent location, minutes from downtown.
Excellent Redlands schools.
Unit Size
1,481 Ft²
Days on Market
43 days
Land Size
0.20 acres
Price per sqft
$458
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1955
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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 #IG25105744)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 26, 2025 | Sold | ||
| Sold | |||
| May 25, 2025 | In contract | - | |
| In contract | |||
| Apr 9, 2025 | Listed by Shaw Real Estate Brokers | $679,000 | |
| 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
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Type
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Baths
ft²
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Sold On
Sold On
HOA + Taxes
About South Redlands
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Listed by: JOSEPH SHAW, Shaw Real Estate Brokers
Last Updated: 2 years ago
Data Source: CRMLS, MLS# IG25105744
Last Updated: 2 years ago
Data Source: CRMLS, MLS# IG25105744
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