25
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$575,000
●
House -
For Sale
12940 Orleans Drive
Moreno Valley, CA 92555
3 Beds
2 Baths
1,282 Ft²
$2,824
Est. Monthly
About This Property
Welcome to this move-in ready home on a corner lot in a great
Moreno Valley neighborhood.
Inside, you will find an updated kitchen, an updated powder room, and durable, stylish laminate flooring throughout. The functional floor plan offers comfortable living spaces, ideal for everyday living or entertaining. The home is conveniently located close to local schools, shopping, dining, commuter routes, and community parks where you can relax and cool off on warm summer days.
Don't miss this fantastic opportunity to own a home in one of Moreno Valley's most desirable neighborhoods.
Inside, you will find an updated kitchen, an updated powder room, and durable, stylish laminate flooring throughout. The functional floor plan offers comfortable living spaces, ideal for everyday living or entertaining. The home is conveniently located close to local schools, shopping, dining, commuter routes, and community parks where you can relax and cool off on warm summer days.
Don't miss this fantastic opportunity to own a home in one of Moreno Valley's most desirable neighborhoods.
Unit Size
1,282 Ft²
Days on Market
12 days
Land Size
0.15 acres
Price per sqft
$449
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1989
Listed By
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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 days ago (CRMLS #IV26220151)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 9, 2026 | Listed by REDFIN | $575,000 | |
| Listed by REDFIN | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jul 10, 2020 | In contract | - | |
| In contract | |||
| Jun 29, 2020 | Listed | $329,500 | |
| Listed | |||
| | |||
|
This lovely corner 3 bedroom, 2 bath home is offers a spacious floor plan, private backyard space and a two car garage. Conveniently located close to everything including great schools, shopping and dining at Stoneridge Town Center and the 60 freeway. The manager has listed the unit size as 1282 square feet.
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Driveway, Garage
Garage Spaces: 2
Open Parking Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: High Ceilings, Bar, Unfurnished, AllBedroomsDown
Appliances: Convection Oven, Refrigerator, Range Hood, SixBurnerStove
Flooring Type: Tile
Laundry Features: None
Has Fireplace
Fireplace Features: Living Room
Exterior Details
Square Footage: 1282
Square Footage Source: $0
Year Built Source: Assessor
Year Built: 1989
Levels: One
Pool Features: None
Lot Features: Back Yard, ZeroToOneUnitAcre
Lot Size Area: 6534
Lot Size Units: Square Feet
Lot Size Acres: 0.15
Lot Size Square Feet: 6534
Tax Lot: 95
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Unknown
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 Moreno Valley
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Listed by: MICHELE HERRING, REDFIN
Last Updated: 4 days ago
Data Source: CRMLS, MLS# IV26220151
Last Updated: 4 days ago
Data Source: CRMLS, MLS# IV26220151
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