$260,000
●
House -
Off Market
511 W 8th Street
Corona, CA 92882
3 Beds
1 Bath
564 Ft²
$393,159
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model
About This Property
"DIAMOND in the ROUGH"..."INVESTORS DELIGHT"..."POTENTIAL,
POTENTIAL, LOTS OF POTENTIAL"..."FIXER"...Whatever you want to call
it! This 3 bedroom, 1 bath home is nestled in the heart of
Corona needs some TLC. Quaint home in a quaint neighborhood
waiting for it's TIME TO SHINE. Yup, now is your opportunity
to own a piece of Old Town Corona at such an incredible value!
Fix it up and sell it OR fix it up and rent it.
Nevertheless, it needs you!! Near, Post Office, 3
beautiful parks, Corona Regional Med. Center, Court House, Library,
Police Dept., Cresta Verde Golf Club, Corona Municipal Airport,
Corona High School, 91, 15 freeways, restaurants, and so much more!
Make this investment yours! Seller has never lived in the
property. To be sold in it's present condition without
warranty or repairs.
Unit Size
564 Ft²
Days on Market
17 days
Land Size
0.11 acres
Price per sqft
$461
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2022
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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: 4 months ago (CRMLS #IV18169312)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 3, 2018 | Sold | ||
| Sold | |||
| Jul 17, 2018 | Listed by CENTURY 21 KING/RC | $259,900 | |
| Listed by CENTURY 21 KING/RC | |||
Property Highlights
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
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Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Central Corona
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Listed by: ALMA MARKOVICH, CENTURY 21 KING/RC
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV18169312
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV18169312
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