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845 Occidental Drive
About This Property
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Nov 19, 2020 | In contract | - | |
| In contract | |||
| Oct 24, 2020 | Listed | $465,000 | |
| Listed | |||
| | |||
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CHARMING HOME LOCATED JUST ONE BLOCK WEST OF UNIVERSITY OF REDLANDS. This absolutely adorable home is located in the desirable University Tract neighborhood. As you pull up you'll be wowed by the crisp paint, mature trees & landscaping. It is an adorable bungalow style home with cute front porch. Walking in you enter the oversized living room. Your eye will be drawn to the beautiful laminate floors. Immediately adjacent is the formal dining room overlooking the front yard and streetscape. The remodeled kitchen is just off to the side and includes stainless appliances along with a recently installed microwave. A utility room connected to the kitchen is the perfect office space. Further back down the hall you'll find plenty of cabinet storage along with the laundry closet. The home features one huge primary room with walk-in closet & ensuite bathroom. This bathroom is luxurious and comes with a jetted tub. There are two additional guest bedrooms, each one spacious and nicely appointed. The guest bathroom in the hall has been beautifully remodeled as well. Out back you'll find a private & romantic patio and beautifully landscaped lawns. There is a one car garage and a separate carport, each with their own gated alley access. Additional improvements include double-paned windows, copper plumbing, updated electrical system, and termite clearance within the past year. Only minutes from the 10 freeway, this home is a commuter's dream. Schedule your showing today before it's gone! The manager has listed the unit size as 1524 square feet.
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| Jan 31, 2020 | Sold | ||
| Sold | |||
| Dec 13, 2019 | Listed by RITA SHAW BROKER & ASSOCIATES | $425,000 | |
| Listed by RITA SHAW BROKER & ASSOCIATES | |||
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About North Redlands
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$1,750 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017