1
Map
$457,500
●
House -
Off Market
818 Cimarron Drive
Redlands, CA 92374
3 Beds
2 Baths,
1
Half Bath
1,445 Ft²
$635,840
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model
About This Property
Beautiful Remodeled Redlands Home! Spacious 3 bedrooms 2.5
bathrooms located on a quarter acre, on a quiet cul-de-sac, 2 car
garage and a carport for additional covered parking. Large
kitchen with granite counter tops, stainless steel appliances,
beautiful tile backsplash, island with breakfast bar and sliding
glass door leading the the backyard. Off the kitchen you will find
the laundry room and half bathroom. Kitchen is open to the
large living room with fireplace and another sliding glass door
leading to the enclosed and covered patio, great place to enjoy the
indoor outdoor life style or convert to additional living space.
Home has new interior paint, remodeled bathrooms, newer
windows, central air, ceiling fans in every room, mirror closet
doors. Large backyard with plenty of room for a pool, garden or
kids and pets to play. Home is conveniently located close to
shopping, parks, downtown Redlands and easy access to freeway.
Unit Size
1,445 Ft²
Days on Market
29 days
Land Size
0.25 acres
Price per sqft
$311
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1963
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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: 4 months ago (CRMLS #EV20069893)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 5, 2020 | Sold | ||
| Sold | |||
| Apr 6, 2020 | Listed by KELLER WILLIAMS REALTY | $449,900 | |
| Listed by KELLER WILLIAMS REALTY | |||
Property Highlights
Garage
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 South Redlands
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Listed by: CRISTINA CAMINISTEANU, KELLER WILLIAMS REALTY
Last Updated: 4 months ago
Data Source: CRMLS, MLS# EV20069893
Last Updated: 4 months ago
Data Source: CRMLS, MLS# EV20069893
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