Listed by: Neeraj Sureen, Real Estate Palace
$601,000
●
House -
Off Market
24105 Watercress Drive
Corona, CA 92883
2 Beds
2 Baths
1,501 Ft²
$3,360
Est. Monthly
$316
HOA / Fees
5.20%
Cap Rate
About This Property
PRICE REDUCED!! MOTIVATED SELLER!! Submit your offers for
this beautiful home asap!!
This is more than just a house, it's your gateway to an exceptional senior lifestyle at Glen Ivy. This home offers a beautiful floor plan with a 2-bedroom, 2-bathroom home with a versatile additional bonus room which can be used as an office or den. It offers the perfect blend of comfort and functionality. As you enter, you'll be charmed by the open and spacious layout, ideal for entertaining loved ones. The well-equipped kitchen seamlessly
flows into the dining and living areas, creating a perfect space for hosting gatherings. Imagine relaxing with a good book in the bright bonus room or
turning it into your personal hobby haven. Enjoy the two comfortable bedrooms, each with its own convenient bathrooms. This home has been recently refreshed with new vinyl flooring, paint, and appliances.
Unwind and socialize at the beautiful clubhouse, complete with a Grand Ballroom for events. Stay active with the resort-style amenities, including indoor and outdoor pools, a spa, a walking track, a gym, tennis courts, etc. Enjoy a carefree lifestyle with front yard maintenance included in your HOA dues. Live your best life in this vibrant senior community!
This is more than just a house, it's your gateway to an exceptional senior lifestyle at Glen Ivy. This home offers a beautiful floor plan with a 2-bedroom, 2-bathroom home with a versatile additional bonus room which can be used as an office or den. It offers the perfect blend of comfort and functionality. As you enter, you'll be charmed by the open and spacious layout, ideal for entertaining loved ones. The well-equipped kitchen seamlessly
flows into the dining and living areas, creating a perfect space for hosting gatherings. Imagine relaxing with a good book in the bright bonus room or
turning it into your personal hobby haven. Enjoy the two comfortable bedrooms, each with its own convenient bathrooms. This home has been recently refreshed with new vinyl flooring, paint, and appliances.
Unwind and socialize at the beautiful clubhouse, complete with a Grand Ballroom for events. Stay active with the resort-style amenities, including indoor and outdoor pools, a spa, a walking track, a gym, tennis courts, etc. Enjoy a carefree lifestyle with front yard maintenance included in your HOA dues. Live your best life in this vibrant senior community!
Unit Size
1,501 Ft²
Days on Market
113 days
Land Size
0.12 acres
Price per sqft
$413
Property Type
House
Property Taxes
-
HOA Dues
$316
Year Built
2004
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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: 3 years ago (CRMLS #OC24115010)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 27, 2024 | Sold | ||
| Sold | |||
| Aug 19, 2024 | In contract | - | |
| In contract | |||
| Jun 4, 2024 | Listed by Real Estate Palace | $619,900 | |
| Listed by Real Estate Palace | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About South Corona
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Listed by: Neeraj Sureen, Real Estate Palace
Last Updated: 3 years ago
Data Source: CRMLS, MLS# OC24115010
Last Updated: 3 years ago
Data Source: CRMLS, MLS# OC24115010
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