1643 Silver Rain Drive
About This Property
As you enter, you are greeted by soaring ceilings and an abundance of natural light that fills the open-concept living and dining areas. The expansive floor plan is ideal for both family gatherings and entertaining guests. A cozy fireplace in the living room adds warmth and charm to the space, making it perfect for cozy nights in. The chef-inspired kitchen boasts stainless steel appliances, granite countertops, ample cabinet space, and bar-like window access to the backyard, making meal preparation a breeze. The adjacent family room features French doors that lead to the private backyard – a tranquil oasis for relaxation and outdoor enjoyment. Whether you're hosting summer barbecues or simply unwinding in the evenings, this backyard has it all.
Upstairs, you'll find generously sized 4 bedrooms, including a spacious master suite with a walk-in closet and a luxurious en-suite bathroom. The updated master bath features a modern-style vanity, a soaking tub, and a separate shower, creating a spa-like experience in the comfort of your own home.
Additional highlights include a 2-car garage, an indoor laundry room, and fresh paint throughout. The home is also located within the highly rated Walnut Valley Unified School District and is just a short distance to top-rated schools, making it an ideal choice for families.
Situated just minutes from shopping, dining, and major freeways, this home offers both tranquility and convenience. Don't miss out on the opportunity to make this Diamond Bar gem your own!
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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 |
|---|---|---|---|
| Aug 5, 2025 | Sold | ||
| Sold | |||
| Jul 31, 2025 | In contract | - | |
| In contract | |||
| Jul 9, 2025 | Price Decreased |
$1,110,700
↓ $89K
(7.4%) | |
| Price Decreased | |||
| Apr 25, 2025 | Listed by Partner Real Estate | $1,200,000 | |
| Listed by Partner Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017