2062 Melba Court
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%.
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 |
|---|---|---|---|
| Dec 9, 2024 | Sold | ||
| Sold | |||
| Nov 22, 2024 | In contract | - | |
| In contract | |||
| Oct 31, 2024 | Listed by Beverly and Company, Inc. | $850,000 | |
| Listed by Beverly and Company, Inc. | |||
| | |||
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Welcome to this stunning 4 bedroom 2 bathroom home nestled in a quiet neighborhood in the much desired city of Corona. Sellers have spared no expense in making this house a home with brand new kitchen with stainless steel appliances, quartz countertops, new bathrooms especially the master bath! All new windows, new interior/exterior paint, recess lighting throughout, newer flooring throughout the home, solar system (all PAID OFF), water filter throughout the house, and a newer central HVAC. Take a look inside where you'll fall in love with everything your new home has to offer. Upon entering, the living room has beautiful tile flooring, recessed lighting, and a fireplace. Your new kitchen has beige cabinetry with white quartz countertops. Downstairs for added convenience, it includes two bedrooms on the main floor with a full bathroom, perfect to host guests and give them their own privacy. As you go upstairs, you have your remaining 2 bedrooms which includes the master room and fully remodeled bathroom The home has a large driveway and not to mention your backyard with a pool is spacious enough to host all your friends and family or build an ADU. Its within short proximity to the 15 & 91 freeways, Lee Pollard High School, Santana Regional Park, Corona Village shopping center, and much more, your home sits on a prime location for everyday activities. miss the chance to make this dream residence your own!
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| May 2, 2019 | Sold | ||
| Sold | |||
| Jan 31, 2019 | Listed by KELLER WILLIAMS REALTY | $449,989 | |
| Listed by KELLER WILLIAMS REALTY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017