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2828 Water Course Drive
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 |
|---|---|---|---|
| Oct 16, 2026 | Price Decreased |
$5,180,000
↓ $200K
(3.7%) | |
| Price Decreased | |||
| Sep 2, 2026 | Listed by Dombroski Realty | $5,380,000 | |
| Listed by Dombroski Realty | |||
| Sep 1, 2025 | Price Decreased |
$5,380,000
↓ $200K
(3.6%) | |
| Price Decreased | |||
| May 21, 2025 | Listed | $5,580,000 | |
| Listed | |||
| | |||
|
This stunning Single Family home located at 2828 Water Course Drive in Diamond Bar, CA was meticulously built in 1998. Boasting 8 bathrooms and a sprawling 9,038 sq.ft. of finished living space, this luxurious property sits on a generous lot size of 1.54 acres. As you approach the home, you will be captivated by its grandeur and meticulously maintained landscaping. The interior of the home is impeccably designed with high-end finishes and attention to detail throughout. The spacious layout includes multiple living areas, a gourmet kitchen, elegant dining spaces, and numerous bedrooms with en-suite bathrooms. The master suite is a true retreat, complete with a spa-like bathroom and a private balcony overlooking the lush grounds. The backyard is an entertainer's dream, featuring a pool, spa, outdoor kitchen, and ample space for hosting gatherings or simply enjoying the serene surroundings. With its prime location in the prestigious Diamond Bar community and close proximity to top-rated schools, shopping, and dining options, this property offers the perfect combination of luxury and convenience. Don't miss the opportunity to make this exquisite estate your new home.
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| Apr 29, 2025 | Relisted | $5,690,000 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017