Listed by: Dave Clark, Keller Williams Realty
$800,000
●
House -
Off Market
2991 Lancaster Lane
Corona, CA 92882
3 Beds
3 Baths,
1
Half Bath
1,541 Ft²
$3,830
Est. Monthly
About This Property
This home in South Corona offers a fantastic location with plenty
of desirable features! Situated at the end of a cul-de-sac, it
boasts a spacious 3-car garage and a large lot with no HOA,
providing both privacy and room for outdoor activities. The
backyard is large and perfect for entertaining. The front
yard offers several seating areas for outdoor living. Inside,
you'll find three spacious bedrooms upstairs, along with an
office/den or formal living area on the main floor. The large
family room is perfect for relaxing or hosting guests, while the
kitchen is nicely appointed for meal preparation and entertaining.
Conveniently located just minutes from Orange County via the
Foothill extension and within walking distance to a nearby
elementary school, this home offers both comfort and convenience in
a desirable neighborhood.
Unit Size
1,541 Ft²
Days on Market
90 days
Land Size
0.18 acres
Price per sqft
$506
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1996
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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: 2 years ago (CRMLS #IG25010118)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 15, 2025 | Sold | ||
| Sold | |||
| Jan 15, 2025 | Listed by Keller Williams Realty | $779,900 | |
| Listed by Keller Williams Realty | |||
Property Highlights
Garage
Air Conditioning
With View
Fireplace
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 South Corona
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Listed by: Dave Clark, Keller Williams Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# IG25010118
Last Updated: 2 years ago
Data Source: CRMLS, MLS# IG25010118
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