$550,000
●
House -
Off Market
4937 Taft Street
Chino, CA 91710
2 Beds
1 Bath
936 Ft²
$2,456
Est. Monthly
About This Property
Cash Only Sale! This Home Will Not Qualify For Conventional Type
Financing. It Needs A Complete Remodel And Could Be Adorable Once
The Work Is Done. Located In A Great Chino Neighborhood Close To
Schools, Shopping And The 60 Freeway. The Home Itself Has A Lot Of
Charm With A Step Down Living Room That Has Really High Ceilings, A
Fireplace And Large Windows. During Your Remodel, You May Consider
Opening Up The Kitchen/Dining Wall And Adding An Island. Check With
The City/County To See What Your Options For This And For Adding An
ADU. This Lot Is 8040 Square Feet And There Is So Much Potential.
Room For Additional Square Footage If You Want To Add Another
Bedroom Or Bath. The Home Is 2 Bedrooms, 1 Bath And Has A Detached
2 Car Garage. With An 8,040 Square Foot Lot, There Is So Much
Potential Here.
Unit Size
936 Ft²
Days on Market
41 days
Land Size
0.18 acres
Price per sqft
$534
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1950
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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: 3 years ago (CRMLS #CV24147611)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 9, 2024 | Sold | ||
| Sold | |||
| Aug 11, 2024 | In contract | - | |
| In contract | |||
| Jul 30, 2024 | Listed by HERITAGE REALTY | $500,000 | |
| Listed by HERITAGE REALTY | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Chino
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Listed by: Cheryleigh Aday, HERITAGE REALTY
Last Updated: 3 years ago
Data Source: CRMLS, MLS# CV24147611
Last Updated: 3 years ago
Data Source: CRMLS, MLS# CV24147611
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