2850 Norco Drive
About This Property
Welcome to your dream home in the heart of Norco! This stunning single-story property offers 5 spacious bedrooms and 2.5 bathrooms, all set on 0.64 acres of beautifully maintained land. The interior has been completely repainted and features brand-new carpet in the bedrooms, and new finagling plank floor creating a fresh and inviting atmosphere.
Step outside to your private backyard oasis, where a built-in spa with a cascading waterfall invites you to unwind in a serene, park-like setting. The beautifully landscaped yard provides a peaceful retreat, perfect for relaxing or entertaining.
For horse enthusiasts, this property is truly special! The separate equestrian area includes a two-stall MD barn with turnouts and rubber mats, plus a large turnout/round pen complete with a patience pole for training and exercise. With two driveways leading to the horse area and multiple storage sheds, convenience is key.
Car lovers and DIYers will love the east side of the barn, converted into a workshop, ideal for working on classic cars, motorcycles, or home projects. This space is fully equipped for compressors, welders, and other heavy-duty tools, making it a true Motorhead's paradise.
Inside, the spacious bedrooms and abundant natural light create a warm and inviting atmosphere. Every detail of this home has been thoughtfully designed to provide comfort, functionality, and charm.
Don't miss this rare opportunity to own a beautifully updated horse property with exceptional amenities-this is Norco living at its finest!
Contact us today for a private showing!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 18, 2025 | Sold | ||
| Sold | |||
| Mar 11, 2025 | Listed by KELLER WILLIAMS RIVERSIDE CENT | $1,098,000 | |
| Listed by KELLER WILLIAMS RIVERSIDE CENT | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017