$535,000
●
House -
Off Market
3555 Chestnut Drive
Norco, CA 92860
3 Beds
2 Baths
1,566 Ft²
$785,313
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model
About This Property
Location, Location, Location in the Norco Bluffs. Great location
for your home. Single story (no stairs) 3 bedroom 2 bath (not too
big or too small). Remodeled, updated and turnkey. Living
room with large picture window, separate dining room opens to the
updated kitchen. Cherry wood cabinets, quartz counters, under
counter lighting, lots of storage in the island, pantry and
recessed lighting. 6 burner range, double oven and griddle
are some of the special features. Warming fireplace in the family
room for these rainy days and wood flooring. Double car
garage with direct access. Patio cover is made of Alumawood for
carefree maintenance. 1/2 acre horse property with horse
trails at the rear of the property. With over 80 miles of
horse trails in Norco you can exit the rear of the property and
ride for miles. RV parking.
Unit Size
1,566 Ft²
Days on Market
29 days
Land Size
0.47 acres
Price per sqft
$335
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1973
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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: 5 months ago (CRMLS #IG19037248)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 19, 2019 | Sold | ||
| Sold | |||
| Feb 18, 2019 | Listed by First Team Real Estate | $525,000 | |
| Listed by First Team Real Estate | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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Sold On
Sold On
HOA + Taxes
About Norco
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Listed by: John Valdez, First Team Real Estate
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IG19037248
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IG19037248
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