944 Ardmore Circle
About This Property
Cozy yourself to the living room fireplace, and entertain off the attached patio off the dining and kitchen.
Placed deep within the green lawns of the park like community, adding to a private sense and feel, while being within biking distance to the renowned Redlands Downtown, via the newly added green-lane directly off Cypress, or find yourself near the University of Redlands, or take a quick jaunt to on the I-10 freeway. Guests can come and go with the sense of ease that comes from knowing there is additional guest parking in the community. Enjoy cool your summer days in the community pool, or stretch your athletic skills on the tennis courts at the center of the community.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 7, 2018 | Sold | ||
| Sold | |||
| Jun 4, 2018 | Listed by PURPLEBRICKS REALTY INC. | $289,900 | |
| Listed by PURPLEBRICKS REALTY INC. | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/04/2018
| |
2 Bed
|
2 Bath
|
1056 ft²
|
$289,900
2 Bed
2 Bath
1056 ft²
|
$297,000
+2.45%
09/07/2018
|
JONATHAN SHIDLER
PURPLEBRICKS REALTY INC.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017