2898 Chestnut Drive
About This Property
Step inside and be greeted by the open concept living space that seamlessly flows from the large kitchen to the living room and dining room. The kitchen boasts all new cabinets with luxurious quartz countertops, as well as brand new stainless steel Frigidaire appliances. With plenty of counter space and an additional eating area, this kitchen is perfect for entertaining friends or enjoying a quiet family meal.
The entire home features gorgeous new laminate flooring that adds a touch of elegance to every room. Both bathrooms have been tastefully redone with beautiful tile flooring, giving them a spa-like feel. The master bathroom features a gorgeous floor-to-ceiling walk-in shower.
Speaking of the backyard, get ready to fall in love with it! This horse property boasts ample space for all your four-legged friends to roam free.
But it's not just about horses here - this home also has all the modern amenities you could want. Each bedroom comes equipped with ceiling fans for added comfort during those warm California nights. The large two-car garage has been upgraded with a brand new door and opener for convenience.
And let's not forget about cozy winter nights - snuggle up next to the fireplace in the living room or enjoy some warmth in the closed-in patio which also features brand new laminate flooring and is heated/cooled by the central system.
Don't miss out on this incredible opportunity to own your own piece of Norco paradise! Schedule a showing today before someone else makes their dreams come true at this amazing remodeled horse property home.
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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 |
|---|---|---|---|
| Dec 31, 2024 | Sold | ||
| Sold | |||
| Dec 9, 2024 | In contract | - | |
| In contract | |||
| Nov 19, 2024 | Listed by James Free Broker | $897,500 | |
| Listed by James Free Broker | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017