$625,000
●
House -
Off Market
3558 Chestnut Drive
Norco, CA 92860
4 Beds
2 Baths,
1
Half Bath
2,054 Ft²
$938,301
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model
About This Property
Norco Horse property with shop!! 4 bedroom 3 bath home on .46
acres. Many recent upgrades. New dual paned windows,
new stucco, new copper piping, new HVAC system and ducts with air
filter system for allergies, new roof and new laminate floors. For
the horses; mare motel type set up that can be configured numerous
ways. Currently 4 stalls with feed area, lights, auto
waterers and tack shed. Then there is the SHOP! WOW!
30 x 60, 1800 sq ft shop, 15ft tall with two 12 foot tall
roll up doors. It has a jib crane and 220 power.
Shelving is negotiable. Plenty of RV parking with
excellent access. Horse trails are out the front gate and
behind house. Minutes to the riverbed. Put this one on
your list to see!!!
Unit Size
2,054 Ft²
Days on Market
30 days
Land Size
0.46 acres
Price per sqft
$301
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 #IV18123521)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 29, 2018 | Sold | ||
| Sold | |||
| May 30, 2018 | Listed by KELLER WILLIAMS REALTY NORCO | $619,000 | |
| Listed by KELLER WILLIAMS REALTY NORCO | |||
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: JULIANNE FARMER, KELLER WILLIAMS REALTY NORCO
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IV18123521
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IV18123521
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