$515,000
●
House -
Off Market
221 Mount Shasta Drive
Norco, CA 92860
3 Beds
2 Baths,
1
Half Bath
2,074 Ft²
$789,651
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model
About This Property
PRICE REDUCED!! Beautiful TURNKEY HOME minutes from Pikes
Peak Park, George Ingall Equestrian Event Center, and Norco Santa
Ana River Trails. Features spectacular CITY VIEWS!
Presenting a Spanish style single story 2074 sf home on .35
acres located in the middle of the horse capital of California.
This three bedroom, two and one half bath features vaulted
ceilings, double sided brick floor-to-ceiling fireplace, engineered
laminate flooring, and saltillo tile. The kitchen includes
new stainless steel appliances, beautiful quartz counter tops, and
a new over-sized stainless steel sink. All bathrooms have new
quartz counter tops, sinks and faucets. There are all new
mechanical systems: air conditioning, furnace and water heater.
The exterior reflects Spanish styling with saltillo tile
entry, drought tolerant landscaping, automated drip irrigation,
tile roof, and light-sensitive outdoor fixtures. The
spectacular city views encapsulate the charm and hominess of this
amazing property. This is beautiful horse property just waiting for
you to add the stalls.
Unit Size
2,074 Ft²
Days on Market
132 days
Land Size
0.35 acres
Price per sqft
$255
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1976
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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 #IV18271892)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 26, 2019 | Sold | ||
| Sold | |||
| Nov 14, 2018 | Listed by KELLER WILLIAMS REALTY NORCO | $527,900 | |
| Listed by KELLER WILLIAMS REALTY NORCO | |||
Property Highlights
Garage
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
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Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Norco
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Listed by: JULIANNE FARMER, KELLER WILLIAMS REALTY NORCO
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IV18271892
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IV18271892
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