$640,000
●
House -
Off Market
1019 5th Street
Norco, CA 92860
3 Beds
1 Bath
1,323 Ft²
$951,449
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model
About This Property
This Norco property is a rare find with ALL FLAT 1 acre Lot with 5
covered pipe corrals. 2- 12'x24' and 3- 24'x24'. There is a
barn/chicken coop. This home has been remodeled starting with a new
Solid Wood front door. The all new kitchen has Stainless Steel
appliances, Cabinets, Countertops and Stainless Steel farmhouse
sink. Step down to a roomy family room with a cozy brick
fireplace. A new Master bedroom and Master bath has been added (all
permitted). Also included are new stackable washer and dryer. New
bathrooms, new flooring, lighting, electrical, electrical panel,
raised panel doors, New double pane windows, carpet and plumbing.
There is new white vinyl fencing along the front yard and
additional new fencing along the sides. There is new
sprinklers. There is so much room to add more stalls, arena, round
pen, turn out, you name it. The detached garage has new garage door
and additional room for storage or office.
Unit Size
1,323 Ft²
Days on Market
88 days
Land Size
1.08 acres
Price per sqft
$491
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1950
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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 #IG19201743)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 19, 2019 | Sold | ||
| Sold | |||
| Oct 1, 2019 | No longer available | - | |
| No longer available | |||
| Sep 28, 2019 | Listed | $650,000 | |
| Listed | |||
| | |||
|
This Norco property is a rare find with ALL FLAT 1 acre Lot with 5 covered pipe corrals. 2- 12'x24' and 3- 24'x24'. There is a barn/chicken coop. This home has been remodeled starting with a new Solid Wood front door. The all new kitchen has Stainless Steel appliances, Cabinets, Countertops and Stainless Steel farmhouse sink. Step down to a roomy family room with a cozy brick fireplace. A new Master bedroom and Master bath has been added (all permitted). Also included are new stackable washer and dryer. New bathrooms, new flooring, lighting, electrical, electrical panel, raised panel doors, New double pane windows, carpet and plumbing. There is new white vinyl fencing along the front yard and additional new fencing along the sides. There is new sprinklers. There is so much room to add more stalls, arena, round pen, turn out, you name it. The detached garage has new garage door and additional room for storage or office. The manager has listed the unit size as 1323 square feet.
| |||
| Aug 23, 2019 | Listed by Reliance Real Estate Services | $650,000 | |
| Listed by Reliance Real Estate Services | |||
| Oct 23, 2018 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Listed On
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HOA + Taxes
About Norco
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Listed by: Michele Steeber, Reliance Real Estate Services
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IG19201743
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IG19201743
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