2464 Corona Avenue
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 |
|---|---|---|---|
| Jul 1, 2023 | No longer available | - | |
| No longer available | |||
| Jun 1, 2023 | In contract | - | |
| In contract | |||
| May 18, 2023 | Price Decreased |
$1,249,000
↓ $25K
(2%) | |
| Price Decreased | |||
| May 4, 2023 | Price Decreased |
$1,274,000
↓ $25K
(1.9%) | |
| Price Decreased | |||
| Mar 29, 2023 | Listed by eXp Realty of California, Inc. | $1,299,000 | |
| Listed by eXp Realty of California, Inc. | |||
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Imagine the perfect combination of Norco’s Best for a beautifully upgraded Single Level, Pool Home/Horse Property that INCLUDES an “In-Law Suite” as well as a separate Income Property (ADU) in one of the most desired locations in Norco. If that were not enough, the 0.69 acres allows for RV Parking via the private, gated driveway, along with 4 garages, one of which has extra high ceilings for a car racking system suited for the car aficionado. Still plenty of room on the property for your horses. With close to 3600 sqft in the main house, there is ample room to entertain, especially when one experiences the massive backyard area with its upgraded pool, pool deck and covered barbecue area that screams “future man-cave.” This home also comes with Solar to keep the electricity bills low! No HOA!!! Enjoy all that Norco has to offer on this property for your private living, gardening, chickens, horses and whatever your heart desires! Close proximity to fantastic parks, horse trails, hiking trails, restaurants, freeway, shopping and much more. The manager has listed the unit size as 3572 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017