3064 Drake Street
About This Property
This stunning 5-bedroom, 3-bathroom residence offers 2,469 square feet of pristine living space on a generous 10,454 square foot lot, nestled in the highly desirable South Corona neighborhood. From its charming curb appeal to the thoughtfully upgraded interior, this home checks every box!
Step inside to an inviting open floor plan featuring soaring ceilings, and recessed lighting. The formal living and dining areas are spacious and bright, offering the perfect setting for gatherings and entertaining.
The heart of the home is the beautiful kitchen, complete with stainless steel appliances, a center island, and plenty of cabinet space. It opens seamlessly to the warm and welcoming family room, highlighted by a gas fireplace with ceiling fan, and doors that lead to your private backyard retreat.
Downstairs also includes a well-sized bedroom, and bath-ideal for guests or multigenerational living-and a separate laundry room for added convenience.
Upstairs, you'll find four additional bedrooms and a spacious bonus area-perfect for a home office, playroom, or media space. The luxurious primary suite features vaulted ceilings, an en-suite bathroom, and a walk-in closet equipped with a custom organization system.
Outside, the backyard is an entertainer's dream with an expansive patio area-ideal for barbecues, relaxing evenings, and outdoor fun. The 3-car garage provides ample space for vehicles, storage, or a home gym setup.
Located near top-rated schools, shopping, hospitals, hiking trails, and convenient freeway access, this home offers the perfect combination of comfort, style, and location.
Don't miss the opportunity to make this South Corona gem your own!
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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 |
|---|---|---|---|
| Aug 29, 2025 | Sold | ||
| Sold | |||
| Aug 9, 2025 | In contract | - | |
| In contract | |||
| Jul 16, 2025 | Listed by KELLER WILLIAMS EMPIRE ESTATES | $925,000 | |
| Listed by KELLER WILLIAMS EMPIRE ESTATES | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017