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4818 Crestview
About This Property
The extensively remodeled 4-bedroom, 2-bath home has been reimagined inside and out. Major improvements include a new 50-year roof, new electrical and plumbing, newer HVAC, new windows and stucco, luxury vinyl flooring, fresh interior paint, beautifully redesigned kitchen and bathrooms, and energy-efficient LED lighting throughout. The result is a modern, turnkey home ready to enjoy. What truly sets this property apart is its business-ready infrastructure. An oversized 4-car garage with high ceilings offers excellent space for equipment, inventory, vehicles, storage, fabrication, or workshop use. A separate office and storage area provides dedicated workspace, while an established customer parking area offers convenient on-site parking for clients and visitors. The expansive gated yard provides abundant room for work trucks, trailers, equipment, RVs, horse trailers, recreational vehicles, or business materials. The fully fenced property and automatic electric gate add security & convenience.
Residential/Commercial zoning may provide qualified owners the opportunity to operate a business on-site while enjoying the convenience of living just steps away, subject to local zoning regulations and permitted uses. For the right owner-user, this flexibility may reduce or eliminate the need for separate commercial space-an increasingly valuable advantage.
The property also embraces Norco's renowned western lifestyle, with room for horses, livestock, gardens, outbuildings, or outdoor entertaining. Conveniently located near I-15, the 91 Freeway, Ontario International Airport, shopping, dining, & major employment centers.
Whether expanding a business, consolidating operations, or seeking a versatile country property, opportunities combining residential comfort, business functionality, customer parking, secure usable land & this level of renovation are difficult to find. Here, business potential and luxury country living come together in one remarkable property.
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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 24, 2026 | Listed by KELLER WILLIAMS RIVERSIDE CENT | $1,549,999 | |
| Listed by KELLER WILLIAMS RIVERSIDE CENT | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017