Welcome to this spacious 5 bedroom, 3 bathroom home with a
versatile loft, offering 2,879 square feet of living space on a
generous 7,405 square foot lot in one of Corona's most desirable
neighborhoods. Step through the custom wood entry door and you'll
find a home that combines modern technology, energy efficiency, and
easy indoor outdoor living. It's truly move in ready. Enjoy
sweeping mountain views from the private balcony, and there's no
HOA. Inside you'll find a versatile floor plan with a dedicated
home office, spacious living areas, indoor laundry, and an open
kitchen that's perfect for everyday living and entertaining.
Equipped with stainless steel appliances, the kitchen offers a
functional layout that flows seamlessly into the main living
spaces, and the home has been well maintained throughout, offering
a warm, inviting feel that's ready for its next owners. This home
is equipped with smart wiring with high speed internet access to
every room, a Wi Fi system, security cameras, a water softener, and
fully paid solar with battery backup, all adding up to real comfort
and convenience. The backyard is an entertainer's dream. It was
recently enhanced with a beautifully remodeled saltwater PebbleTec
pool, an updated salt cell system, and low maintenance artificial
turf, creating a private outdoor retreat that's perfect for
relaxing, hosting family gatherings, or just enjoying Southern
California's year round sunshine. The spacious 3 car garage offers
side mount door openers for extra overhead storage, plus a 9.6kW
EcoFlow EV charger for convenient at home charging. The location is
hard to beat too, close to parks, shopping, restaurants, golf
courses, and everyday amenities, with easy access to the 91, 15,
and 71 freeways for commuting throughout Orange, Riverside, and San
Bernardino Counties. Residents also enjoy plenty of recreational
opportunities around Corona, including city parks, trails, and
outdoor spaces. With quality upgrades, smart home technology, paid
solar, mountain views, and resort style amenities all in one
outstanding location, this is a home you won't want to miss.
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.
Interior Features: Breakfast Bar, Ceiling Fan(s), Crown Molding, Cathedral Ceiling(s), Eat-in Kitchen, High Ceilings, Wired for Data, Entrance Foyer, Walk-In Closet(s), Balcony, SeparateFormalDiningRoom, PullDownAtticStairs, Attic, BedroomOnMainLevel, PrimarySuite
Appliances: Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Electric Oven, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Range Hood, Self Cleaning Oven, Water Softener, Water Heater, Water Purifier, Dryer, Washer, HighEfficiencyWaterHeater
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