$259,000 Price Analysis 208 Browning RdMcFarland, CA 93250 4 bed 2 bath 1,525 SqFt ($169/SqFt) 7,405SqFt lot. Built 1987 Listed 2022-10-10, Taxes $1,161 | ✓ USDA Eligible near McFarland, CA |
Two (2) bedroom, one (1) bathroom units. The offering is situated on a 7405 sq. ft. lot and has a gross rentable square footage of 1525 sq. ft. This is a true value-add opportunity with rents 15-20% below market value and not to mention all utilities (including water) are paid for by the tenants which in-turn will notceably increase your NOI.
McFarland is about 25 minutes north of Bakersfield and is deeply rooted in the agriculture business which is the leading employer for the town. The enticing unit mix and rental upside, not to mention few landlord responsibility, is all the reason why these properties would be a good fit for your portfolio.
Property MLS #202204722 from Bakersfield
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $65,896 + $5,967 $71,863 | $1,161 |
2021 | $64,604 + $5,850 $70,454 | $1,041 |
2020 | $63,942 + $5,791 $69,733 | $980 |
2019 | $62,689 + $5,678 $68,367 | $932 |
2018 | $61,460 + $5,567 $67,027 | $922 |
2017 | $60,255 + $5,458 $65,713 | $902 |
2016 | $59,074 + $5,351 $64,425 | $891 |
2015 | $58,187 + $5,271 $63,458 | $877 |
2014 | $57,048 + $5,168 $62,216 | $845 |
2013 | $56,791 + $5,145 $61,936 | $850 |
2012 | $55,678 + $5,045 $60,723 | $802 |
2011 | $54,587 + $4,947 $59,534 | $799 |
2010 | $54,180 + $4,911 $59,091 | $795 |
2009 | $54,309 + $4,923 $59,232 | $797 |
2007 | $53,245 + $4,827 $58,072 | $1,621 |
2006 | $52,201 + $4,733 $56,934 | $1,573 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.