27224 Echo Canyon Court
About This Property
In private reaches of Corona's Temescal Canyon, this Horsethief canyon pool home has been lovingly curated to maximize ease & minimize stress. New Carpet, New Windows, New Paint, Newer HVAC, multiple tasteful touches plus a 500 square foot sun/multi-use room.
Vaulted ceilings, extensive windows to make the spirit soar, multiple ceiling fans in nearly every room to keep the air flowing like gentle breezes. Custom screen front door and whole house fan to circulate the cool air across the wood-like-tile floors of the living space and the massive granite countertop prep space of a bright and open kitchen- adjoined to the sunroom & backyard boasting a private pool w/ builtin BBQ, lounge space, dog run & fruit trees; Something for every season to enjoy. Relish the moments gazing out into the moonlit nights or onto the colorful hills that surround in this established neighborhood- Or find yourself utilizing the 2 Community Pools or make an excursion to one of the community Parks, w/ access to trails, garden space, pool, spa & clubhouse, as well as multiple schools within walking distance.
Jetted master bathtub and the walk in closet w/ custom cherry stained cabinetry.
Low maintenance landscaping surrounds the pool and outdoor bbq area for hosting the regular events, newly installed windows and carpets, and an additional 500 square feet of sunroom, this home is certain to be your pride and not to be missed. Low $85/mo HOA
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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%.
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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 |
|---|---|---|---|
| May 2, 2019 | Sold | ||
| Sold | |||
| Jan 20, 2019 | Listed by PURPLEBRICKS REALTY INC. | $475,000 | |
| Listed by PURPLEBRICKS REALTY INC. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017