$395,000
●
House -
Off Market
990 Summit Drive
Crestline, CA 92325
2 Beds
2 Baths,
1
Half Bath
1,830 Ft²
$502,455
RealtyHop Estimate
27.20%
Since Mar 1, 2021
National-US
Primary Model
About This Property
Situated on a large corner lot this updated mountain charmer is
ready for new owners! Entering the home you will note an open
concept living and dining room with a stunning rock fireplace. A
remodeled kitchen with Kitchen Aid appliances is located off of
living room complete with a farm house style sink looking out over
the valley. The master bedroom is located on the main floor and is
appointed with an en suite bath as well as a walk in closet.
Through the hallway you will find a half bath as well as a laundry
room and office nook. The second loft style bedroom and full bath
is located upstairs. Detached from the main house is potential
mother in law quarter complete with existing water and
electrical. Do not forget about the tandem two car garage with
additional storage! This home is also equipped with A/C for the
warm summer days. Did I forget to mention the stunning valley
views? This home is truly one you will not want to miss!
Unit Size
1,830 Ft²
Days on Market
47 days
Land Size
0.60 acres
Price per sqft
$216
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1932
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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 #RW2202182)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 2, 2021 | Sold | ||
| Sold | |||
| Dec 17, 2020 | Listed by COLDWELL BANKER SKY RIDGE RLTY | $395,000 | |
| Listed by COLDWELL BANKER SKY RIDGE RLTY | |||
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 Crestline
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Listed by: Julia Bauerschmidt, COLDWELL BANKER SKY RIDGE RLTY
Last Updated: 5 months ago
Data Source: CRMLS, MLS# RW2202182
Last Updated: 5 months ago
Data Source: CRMLS, MLS# RW2202182
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