$555,000
●
House -
Off Market
283 8th Street
Norco, CA 92860
3 Beds
2 Baths,
1
Half Bath
1,754 Ft²
$849,903
RealtyHop Estimate
51.77%
Since Dec 1, 2018
National-US
Primary Model
About This Property
As only some properties capture the eye of every day passersby,
this home is one that will turn heads. The home has new plumbing
throughout the home, new electrical, new insulation, and a new
water heater! This amazing property sits on one half acre, and has
been beautifully updated! The kitchen has new updated counter tops,
and amazing white cabinets. There is also new recessed lighting
throughout the home! Each bathroom has been updated, and these
bathrooms bring the great house even more character! New plantation
shutters on each window of the home help the feel of the home, and
gives the owner an easy way to add more light. The formal dining
room is in the center of the home that captures the sun from the
yard through the sliding glass door. Every bedroom in the house has
new paint along with new carpet. In the front yard the grass and
white fence surrounding the home bring the brightest colors while
walking up to the front door. The backyard has space for horses, a
built in chicken coop, a second garage in the backyard, RV access
on the side and an area for gardening. Come see this great home!
Unit Size
1,754 Ft²
Days on Market
65 days
Land Size
0.47 acres
Price per sqft
$319
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1971
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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 #OC18211262)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 2, 2018 | Sold | ||
| Sold | |||
| Aug 29, 2018 | Listed by H & M Realty Group | $560,000 | |
| Listed by H & M Realty Group | |||
Property Highlights
Air Conditioning
Fireplace
Garage
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
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Peter McKernan, H & M Realty Group
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC18211262
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC18211262
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