Listed by: Rafael Alcala, Orange Coast Real Estate and F
$457,000
●
Condo -
Off Market
2425 Del Mar Way #202
Corona, CA 92882
2 Beds
2 Baths
915 Ft²
$2,684
Est. Monthly
$400
HOA / Fees
6.66%
Cap Rate
About This Property
Welcome to Sage Canyon! Here you will find home in this 2
bedroom 2 bathroom private upper level unit. Seamless transitions
from dining/kitchen area to living room thanks to the open concept
layout make it cozy and a great hosting atmosphere. Tile flooring
entry, kitchen and bathrooms are complemented with warm wood
laminate flooring in bedrooms, dining and living room. Kitchen
includes wood cabinetry, granite counters, breakfast bar, newer
range, brand new dishwasher and microwave. Large pantry/laundry
room can accommodate full size washer/dryer. Master bedroom with
large closet space and ensuite bathroom. Long patio balcony has
access from living room and secondary bedroom sliding door. This
serene community also caters to the active lifestyle with gym,
pool, spa, clubhouse, BBQ, volleyball and basketball court.
There are hiking trails nearby as well for the outdoor
enthusiast! 1 car garage, 1 carport plus an additional
reserved spot all near the building are an added convenience. The
community's ideal location offers nearby shopping and dining plus
easy access to the 91 and 15fwys. Welcome home!
Unit Size
915 Ft²
Days on Market
96 days
Land Size
-
Price per sqft
$508
Property Type
Condo
Property Taxes
-
HOA Dues
$400
Year Built
-
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Cap Rate Calculator
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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: 3 years ago (CRMLS #OC24095268)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 22, 2024 | Sold | ||
| Sold | |||
| Aug 11, 2024 | In contract | - | |
| In contract | |||
| Apr 28, 2024 | Listed by Orange Coast Real Estate and F | $465,000 | |
| Listed by Orange Coast Real Estate and F | |||
Property Highlights
Parking Available
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Carport, Garage, On Site, One Space
Garage Spaces: 1
Garage Spaces: 1
Total Garage and Parking Spaces: 1
Interior Details
Bedrooms: 2
Bedrooms on Main Level: 2
Full Bathrooms: 2
Bathrooms on Main Level: 2
Levels: One
Interior Features: Balcony, Granite Counters, High Ceilings, Open Floorplan, Primary Suite
Appliances: Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Microwave
Flooring Type: Laminate, Tile
Living Area Square Feet Source: Assessor
Laundry Features: In Kitchen
Has Fireplace
Decorative, Living Room
Exterior Details
Road Frontage Type: CityStreet
Property Condition: Turnkey
Year Built: 1990
Parcel Number: 102391030
Home Type: Residential
Structure Type: MultiFamily
Architectural Style: Contemporary
Outdoor Living Structures: Patio
Spa Features: Community
Pool Features: Community, Association
Lot Information: Closeto Clubhouse
Elevation Units: Feet
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Utilities: Electricity Connected, Sewer Connected, See Remarks, Water Connected
Location Details
Association Amenities: Callfor Rules, Clubhouse, Fitness Center, Barbecue, Playground, Pool, Pets Allowed, Spa Hot Tub, Trash, Water
Association Fee: $400
Association Fee Frequency: Monthly
Community Features: Hiking, Rural, Suburban, Pool
Security Features: Carbon Monoxide Detectors, Smoke Detectors
Subdivision:, Sage Canyon
High School District: Corona-Norco Unified
Subdivision Name:, Sage Canyon
Directions: Green River to Montana Ranch
Other Details
Listing Terms: Conventional
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/28/2024
|
2 Bed
|
2 Bath
|
915 ft²
|
$465,000
2 Bed
2 Bath
915 ft²
|
$457,000
-1.72%
08/22/2024
|
Rafael Alcala
Orange Coast Real Estate and F
| |
|
07/28/2022
|
2 Bed
|
2 Bath
|
915 ft²
|
$485,000
2 Bed
2 Bath
915 ft²
|
$470,000
-3.09%
08/29/2022
|
David Hairston
eXp Realty of California Inc
| |
|
12/27/2021
|
2 Bed
|
2 Bath
|
915 ft²
|
$405,000
2 Bed
2 Bath
915 ft²
|
-
-
|
Maria Yazdani
Realty One Group West
| |
|
10/14/2021
|
2 Bed
|
2 Bath
|
995 ft²
|
$385,000
2 Bed
2 Bath
995 ft²
|
$395,000
+2.60%
12/02/2021
|
JAMES MONKS
WINDERMERE R.E. TOWER PROP.
| |
|
01/27/2018
|
2 Bed
|
2 Bath
|
915 ft²
|
$299,900
2 Bed
2 Bath
915 ft²
|
$303,000
+1.03%
05/09/2018
|
John Simcoe
Keller Williams Realty
| |
|
09/17/2017
|
2 Bed
|
2 Bath
|
995 ft²
|
$299,000
2 Bed
2 Bath
995 ft²
|
$297,000
-0.67%
12/05/2017
|
Adriana Arreola
Coldwell Banker Res-Murrieta
| |
|
05/12/2017
|
2 Bed
|
2 Bath
|
995 ft²
|
$289,900
2 Bed
2 Bath
995 ft²
|
$286,000
-1.35%
06/16/2017
|
Nolasco Blandon
Compass Real Estate
|
Building Info
About South Corona
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Listed by: Rafael Alcala, Orange Coast Real Estate and F
Last Updated: 3 years ago
Data Source: CRMLS, MLS# OC24095268
Last Updated: 3 years ago
Data Source: CRMLS, MLS# OC24095268
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