11047 Karen Drive
About This Property
Nestled in a convenient location, this home is just 1 mile from Beaumont Sports Park, Chatigny Senior Community Center, Beaumont High School, Brookside Elementary, and Mountain View Middle School, and only 2 miles from local grocery stores. Commuters will love easy access to the 10, 60, and SR-79 freeways, making trips across the Inland Empire effortless.
Ideal for all home buyers, this turnkey home combines modern upgrades with functional charm, offering a lifestyle of comfort, convenience, and low-maintenance living. Whether you're hosting friends in the spacious backyard, parking your RV with ease, or enjoying the bright, updated interior, this property is ready to welcome its new owners. Don't miss this rare opportunity to own a fully renovated, move-in ready home in Cherry Valley with all the amenities and conveniences you need for modern living.
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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 |
|---|---|---|---|
| Mar 6, 2026 | Sold | ||
| Sold | |||
| Feb 12, 2026 | In contract | - | |
| In contract | |||
| Jan 28, 2026 | Listed by KELLER WILLIAMS REALTY | $450,000 | |
| Listed by KELLER WILLIAMS REALTY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017