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$570,000
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House -
Off Market
2777 Cape Drive
Corona, CA 92882
3 Beds
2 Baths
1,754 Ft²
$753,355
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model
About This Property
Perched on a ridge with views of the Cleveland Forest and
surrounding city, this 3 Bedroom, 2 bath, single story home spans
1,754 square feet and has an open floor plan that is conducive to
entertaining and easy family living. A paved walkway approach and
quaint porch greet guests as they approach the front door. Just
inside the entry, the living room and dining room boast vaulted
ceilings with abundant natural light from the windows flanking the
space. The open kitchen has a peninsula with bar seating and is
conveniently adjacent to the breakfast nook and backyard access.
The kitchen opens onto the covered patio and .21 acre yard. A
concrete decking extends from the home and surrounds the pebbletec
pool and spa with vistas of the Cleveland National Forest and city
below framed in the background. A unique and inviting space
for entertaining. Take a look at this one today!
Unit Size
1,754 Ft²
Days on Market
32 days
Land Size
0.22 acres
Price per sqft
$314
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1987
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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: 4 months ago (CRMLS #IV20107460)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 7, 2020 | Sold | ||
| Sold | |||
| Jul 6, 2020 | Listed by WINDERMERE R.E. TOWER PROP. | $550,000 | |
| Listed by WINDERMERE R.E. TOWER PROP. | |||
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
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Status
Status
Type
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Baths
ft²
Price/ft²
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Asking Price
Listed On
Listed On
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Sold On
Sold On
HOA + Taxes
About South Corona
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Listed by: MILES TURNER, WINDERMERE R.E. TOWER PROP.
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV20107460
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV20107460
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