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1148 Andrew Lane
About This Property
Upon entry, you're greeted by rich wood flooring, enhanced by new baseboards and crown molding, creating a warm yet refined ambiance throughout. Newly installed windows, accentuated by elegant shutters, and fresh interior and exterior paint provide a crisp, modern aesthetic.
The gourmet kitchen has been beautifully remodeled to inspire, featuring custom wood cabinetry with designer hardware, pendant lights, quartz countertops, and a stylish backsplash.
Retreat to the primary suite, a private sanctuary designed for relaxation, complete with a spacious walk-in closet and a completely remodeled en suite bathroom showcasing custom walk in shower, dual vanities with granite counter tops, and refined finishes.
The additional bedrooms are generously sized, offering versatility for guests, family, or a dedicated home office. There is a large loft upstairs that offers the flexibility of use.
Step outside to your own resort-style oasis. The backyard is an entertainer's dream, highlighted by a recently updated PebbleTec pool and spa with new tiles, a covered patio for year-round enjoyment, and a custom-built BBQ island with bar seating. Unwind by the fire pit or practice your short game on the private putting green. All surrounded by new vinyl fencing for enhanced privacy and tranquility.
Additional enhancements include central air and heat, a newly updated garage door, upgraded family room tile, remodeled bathrooms, and a leased solar energy system, offering improved energy efficiency and long term utility savings.
Ideally situated near scenic outdoor spaces such as Mountain Gate Park and Tehachapi Park, and just moments from premier shopping and dining at The Shops at Dos Lagos and Crossings at Corona, this home offers a lifestyle of both elegance and convenience.
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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 |
|---|---|---|---|
| Jun 4, 2026 | Sold | ||
| Sold | |||
| May 5, 2026 | In contract | - | |
| In contract | |||
| Mar 19, 2026 | Listed by Coldwell Banker Realty | $1,050,000 | |
| Listed by Coldwell Banker Realty | |||
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About South Corona
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017