$1,104,258
●
House -
Off Market
776 Crafton Avenue
Redlands, CA 92374
4 Beds
3 Baths,
1
Half Bath
3,400 Ft²
$1,807,716
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model
About This Property
Craftsman country farmhouse lovingly restored. What a beautiful
country setting! Generations of local families have called
this place home. On a 4.57 acre orange grove, this gentleman's
ranch has privacy and seclusion. There are also 5 shares of Crafton
water stock to maintain the grove. The house has essentially been
rebuilt into a new home while retaining its turn of the century
charm. The main floor is now an open concept floor plan. The
kitchen has amazing mountain views, a walk in pantry and it's own
soda fountain machine. There is new plumbing, electrical,
insulation, an earthquake foundation retrofit, new roof, windows,
custom cabinets and many other features. The original hardwood
floors were restored. It has wraparound porches on two floors as
well as a rear deck off the kitchen. There is a detached four car
garage and parking for your RV, boats and other toys. It has an
attic and a basement.The basement is finished as a home office now
and the attic is a great playroom getaway or extra bedroom.
Excellent Redlands schools of course.
Unit Size
3,400 Ft²
Days on Market
371 days
Land Size
4.57 acres
Price per sqft
$351
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1890
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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 #EV17184896)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 21, 2018 | Sold | ||
| Sold | |||
| Aug 15, 2017 | Listed by RITA SHAW BROKER & ASSOCIATES | $1,195,000 | |
| Listed by RITA SHAW BROKER & ASSOCIATES | |||
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
Beds
Baths
ft²
Price/ft²
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Listed On
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Sold On
Sold On
HOA + Taxes
About Crafton
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Listed by: RITA SHAW, RITA SHAW BROKER & ASSOCIATES
Last Updated: 5 months ago
Data Source: CRMLS, MLS# EV17184896
Last Updated: 5 months ago
Data Source: CRMLS, MLS# EV17184896
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