$545,000
●
House -
Off Market
2471 Hillside Avenue
Norco, CA 92860
3 Beds
2 Baths,
1
Half Bath
1,785 Ft²
$831,852
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model
About This Property
Price reduced! This comfy light and bright ranch home is nestled on
the Hillside with wonderful sunset views from its expansive front
porch. Lovingly cared for home with 3 beds 2 1/2 baths and 2
car attached garage. Master bedroom with attached bath and
large walk in closet. Open concept kitchen with eatin area and
family room attached with stone fireplace. Separate formal
living room. Home has newer roof and dual paned windows. Rear
yard has sparkling swimming pool and above expansive views of
Norco. Front drive is circular with access to gated area with
three 12 by 12 box stalls with room for turnouts in the rear of the
box stalls. The barn also includes a tack room and a 10 ft
breezeway. There is a wash rack and additional cover for
horse trailer parking. space for RV parking. This home is
nice because of the wide frontage which eliminates the "feel" of
neighbors directly next door. Walking distance to Norco High
School.
Unit Size
1,785 Ft²
Days on Market
120 days
Land Size
0.84 acres
Price per sqft
$308
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1969
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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: 5 months ago (CRMLS #IV18088068)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 15, 2018 | Sold | ||
| Sold | |||
| Apr 17, 2018 | Listed by MODERN DWELLINGS | $549,900 | |
| Listed by MODERN DWELLINGS | |||
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
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
About Norco
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Currently no similar homes aroundNearby Rentals
Listed by: MOLLY GURROLA, MODERN DWELLINGS
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IV18088068
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IV18088068
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