$310,000
●
House -
Off Market
17442 Elaine Drive
Fontana, CA 92335
2 Beds
1 Bath
720 Ft²
$437,281
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model
About This Property
INVESTMENT OPPORTUNITY! Value is in the land. 0.832 acres lot per
tax assessors with a 120 feet of frontage of building
possibilities! Lots of storage. Build your dream home, pool,
built-in BBQ for summer parties. Or make room for mother-in-law
quarters, college kids or space for your hobbies that need plenty
of storage. Fontana is growing and planning new retail and new home
projects in fact, there is one around the corner. Don't miss
this opportunity to own a large piece of real estate. Great
deal on this fixer, this property could work for a landscaper ,
construction guy or anyone looking to store any needed items.
Close to Schools, transportation, shopping, parks and easy
access to 210 freeway and close to the new Renaissance Marketplace.
Buyer to do own investigations for permits, size, zoning, etc.
Unit Size
720 Ft²
Days on Market
270 days
Land Size
0.83 acres
Price per sqft
$458
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1936
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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: 5 months ago (CRMLS #CV20039565)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 18, 2020 | Sold | ||
| Sold | |||
| Feb 22, 2020 | Listed by CENTURY 21 KING | $329,900 | |
| Listed by CENTURY 21 KING | |||
| Jan 30, 2020 | No longer available | - | |
| No longer available | |||
| Dec 19, 2019 | Price Decreased |
$309,900
↓ $20K
(6.1%) | |
| Price Decreased | |||
| Nov 23, 2019 | Listed | $330,000 | |
| Listed | |||
| | |||
|
Nice piece of property in the City of Fontana offering a 36,240 Sq. Ft. lot per tax assessors with a 120 feet of frontage. Close to Schools, transportation, shopping, parks and easy access to 210 freeway and close to the new Renaissance Marketplace. The manager has listed the unit size as 720 square feet.
| |||
Property Highlights
Fireplace
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
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Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Fontana
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: RICARDO ACEVEDO, CENTURY 21 KING
Last Updated: 5 months ago
Data Source: CRMLS, MLS# CV20039565
Last Updated: 5 months ago
Data Source: CRMLS, MLS# CV20039565
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