1938 Lockwood Lane
About This Property
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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%.
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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 |
|---|---|---|---|
| May 10, 2024 | No longer available | - | |
| No longer available | |||
| Apr 14, 2024 | In contract | - | |
| In contract | |||
| Apr 3, 2024 | Listed by First Team Real Estate | $788,000 | |
| Listed by First Team Real Estate | |||
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Welcome to 1938 Lockwood Ln, a tastefully remodeled home in the heart of Corona. This light and bright 4 bedroom 3 bath home is tucked in a clean, quiet neighborhood, close to top rated schools and expansive and inviting parks. Upon entry, one is greeted to soaring vaulted ceilings over a naturally illuminated living and dining room, adorned with modern fixtures and features, welcoming to both owners and visitors alike. Upgraded flooring carry throughout downstairs and through the renovated kitchen, complete with upgraded appliances, quartz countertops, subway tile backsplash, and tasteful lighting. The kitchen opens to the family room, with room to relax and enjoy the view over the expansive backyard. The downstairs bedroom with double door entry could serve many purposes, and provided light and egress from the slider. A full bathroom downstairs is perfect for guest and adjacent the downstairs bedroom. Upstairs, the spacious primary bedroom is flooded with natural light, brightening the vaulted ceilings and room, and the walk-in closet is spacious with ample room to accommodate the recent shopping trip. The primary bath is highly amenitized with dual vanity sinks, quartz countertops, and a relaxing freestanding tub to soak and melt stress away, with a separate walk-in shower. Two more spacious bedrooms upstairs, one with vaulted ceilings and nearly the size of 2 rooms, which share the hall bathroom. Plush carpet is soft to the touch, up the stairs and though out the upstairs rooms. The backyard has a covered patio, large grassy area, and plenty of room within the gated yard for family, friends, and fun memories to be made. Centrally located to schools, shopping, and with freeway access, this is a perfect home to own within a great community, ready to become yours. The manager has listed the unit size as 1973 square feet.
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| Nov 28, 2018 | Sold | ||
| Sold | |||
| Aug 22, 2018 | Listed by Re/Max Partners | $474,000 | |
| Listed by Re/Max Partners | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017