4269 Old Hamner
About This Property
Perfectly located, the property is within walking distance of Silver Lakes Sports Park, home to the popular Boots in the Park events, and just a half mile from vibrant Sixth Street, Norco's historic downtown hub filled with dining, shopping, and community events. Adding to its rare appeal, you can ride your horse directly from the property to the surrounding trail system, fully embracing Norco's horse-friendly community.
The exterior is just as impressive, featuring brand-new, oversized RV gates and a very large side yard-ideal for RV parking, trailers, boats, or additional recreational vehicles. This versatile space offers exceptional functionality rarely found in such a prime location.
Inside, you'll find a bright, open layout designed for both everyday living and entertaining. The remodel highlights refined details, stylish materials, and a cohesive modern aesthetic that blends elegance with warmth. Spacious bedrooms and beautifully updated bathrooms provide comfort and functionality, while the overall design reflects pride of ownership and attention to detail.
Whether you're enjoying local festivals, riding out on nearby trails, or relaxing in your beautifully updated home, this property delivers the perfect blend of location, lifestyle, and luxury-a rare opportunity to own a turnkey home in one of Norco's most desirable and walkable neighborhoods.
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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.
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About Norco
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017