$295,000
●
Condo -
Off Market
1616 Windmill Lane #E
Corona, CA 92879
2 Beds
2 Baths
1,014 Ft²
$471,560
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model
About This Property
Highly sought after Laurelwood home conveniently located in Corona
near the 15/91 interchange. Zoned as a PUD so it will go FHA
or VA! This home is in pristine condition with 1014 sqft, 2
bedrooms & 2 bathrooms. Both bedrooms are like master bedrooms with
1 upstairs and 1 downstairs. Features include: All
newer dual pane windows, new carpet & paint, plantation shutters,
skylight, newer AC condenser, and a nice size patio w/small deck +
misters and a sun shade. Deep 1 car garage w/laundry area & ladder
to storage area above! HOA features include a gated community
pool & spa!
Unit Size
1,014 Ft²
Days on Market
38 days
Land Size
0.04 acres
Price per sqft
$291
Property Type
Condo
Property Taxes
-
HOA Dues
$221
Year Built
-
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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 #IG17143152)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 31, 2017 | Sold | ||
| Sold | |||
| Jun 23, 2017 | Listed by Re/Max Partners | $295,000 | |
| Listed by Re/Max Partners | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Garage, DoorSingle
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), Storage, BreakfastArea, CeramicCounters, BedroomOnMainLevel, MainLevelPrimary
Appliances: Dishwasher, Electric Range, Microwave, Water Heater
Flooring Type: Carpet, Vinyl
Door Features: Mirrored Closet Door(s), Sliding Doors
Laundry Features: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, In Garage
Fireplace Features: None
Exterior Details
Has Property Attached
Square Footage: 1014
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Property Condition: Turnkey
Architectural Style: Contemporary
Year Built Source: Assessor
Year Built: 1985
Levels: Two
Window Features: Blinds, Plantation Shutters, Screens, Skylight(s)
Construction Materials: Frame, Stucco
Patio and Porch Features: Covered, Deck, Concrete
Pool Features: Community, Association
Lot Features: Greenbelt, Level, StreetLevel
Lot Size Area: 1742
Lot Size Units: Square Feet
Lot Size Acres: 0.04
Lot Size Square Feet: 1742
Tax Lot: 14
Water Source: Private
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Pool, Spa/Hot Tub
HOA Fee: $221
HOA Fee Frequency: Monthly
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/25/2025
|
2 Bed
|
2 Bath
|
1014 ft²
|
$489,000
2 Bed
2 Bath
1014 ft²
|
$495,000
+1.23%
10/14/2025
|
BIJAN DASTMALCHIAN
REAL BROKER
| |
|
01/11/2023
|
2 Bed
|
2.5 Bath
|
1138 ft²
|
$485,000
2 Bed
2.5 Bath
1138 ft²
|
-
-
|
Jeff Davidson
Pacific Sotheby's Internationa
| |
|
06/23/2017
|
2 Bed
|
2 Bath
|
1014 ft²
|
$295,000
2 Bed
2 Bath
1014 ft²
|
$295,000
07/31/2017
|
Edward Mazmanian
Re/Max Partners
|
Building Info
About Central Corona
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Listed by: Edward Mazmanian, Re/Max Partners
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IG17143152
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IG17143152
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