24499 Brodiaea Avenue
About This Property
Situated on a corner lot with ample space, this property provides endless possibilities for creating your dream backyard-whether for entertaining, gardening, or relaxing on sunny afternoons. Additional highlights include a two-car garage, central air conditioning, and close proximity to local schools, parks, and shopping centers. Conveniently located near the 215 and 60 freeways, this home is ideal for commuters. Don't miss this opportunity to own a beautiful home in a desirable Moreno Valley neighborhood!
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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 |
|---|---|---|---|
| Jan 24, 2025 | Sold | ||
| Sold | |||
| Dec 9, 2024 | In contract | - | |
| In contract | |||
| Oct 14, 2024 | Listed by Coldwell Banker | $515,000 | |
| Listed by Coldwell Banker | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017