$980,000
●
House -
Off Market
2977 Norco
Norco, CA 92860
4 Beds
2 Baths
1,960 Ft²
$4,906
Est. Monthly
About This Property
Welcome to 2977 Norco Drive, Norco, an exceptional horse property
situated on a 26,136 sq. ft. lot in the heart of Horse town USA.
This well-maintained 1,954 sq. ft. single-story home offers 4
bedrooms, 2 bathrooms, a beautifully remodeled kitchen, and
paid-off solar for energy efficiency and long-term savings.
Designed for both equestrian enthusiasts and hobbyists, the property features a 4-stall mare motel, mature fruit trees, and a spacious 25' x 50' (approximately 1,250 sq. ft.) workshop with ample room for projects, equipment, toys, or potential RV storage. Above the workshop is an additional approximately 550 sq. ft. second level complete with two rooms, loft and a bathroom, providing flexible space (buyer to verify permitted uses).
The property also includes a 2-car attached garage, generous parking, and plenty of room for trailers, RVs, and all your recreational needs. Whether you're looking for a horse property or simply extra space to enjoy the Norco lifestyle, this one-of-a-kind property offers incredible versatility.
Designed for both equestrian enthusiasts and hobbyists, the property features a 4-stall mare motel, mature fruit trees, and a spacious 25' x 50' (approximately 1,250 sq. ft.) workshop with ample room for projects, equipment, toys, or potential RV storage. Above the workshop is an additional approximately 550 sq. ft. second level complete with two rooms, loft and a bathroom, providing flexible space (buyer to verify permitted uses).
The property also includes a 2-car attached garage, generous parking, and plenty of room for trailers, RVs, and all your recreational needs. Whether you're looking for a horse property or simply extra space to enjoy the Norco lifestyle, this one-of-a-kind property offers incredible versatility.
Unit Size
1,960 Ft²
Days on Market
78 days
Land Size
0.60 acres
Price per sqft
$510
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1978
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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: 29 days ago (CRMLS #IG26152532)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 13, 2026 | Sold | ||
| Sold | |||
| Sep 18, 2026 | In contract | - | |
| In contract | |||
| Sep 1, 2026 | Price Decreased |
$999,000
↓ $50K
(4.8%) | |
| Price Decreased | |||
| Aug 26, 2026 | Price Decreased |
$1,049,000
↓ $151K
(12.6%) | |
| Price Decreased | |||
| Jul 13, 2026 | Listed by Alta Realty Group | $1,200,000 | |
| Listed by Alta Realty Group | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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HOA + Taxes
About Norco
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Listed by: Alicia Hernandez, Alta Realty Group
Last Updated: 29 days ago
Data Source: CRMLS, MLS# IG26152532
Last Updated: 29 days ago
Data Source: CRMLS, MLS# IG26152532
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