5451 Moonstone Avenue
About This 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 |
|---|---|---|---|
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Oct 7, 2024 | Sold | ||
| Sold | |||
| Sep 22, 2024 | In contract | - | |
| In contract | |||
| Aug 13, 2024 | Listed by PRICE REAL ESTATE GROUP INC | $1,199,000 | |
| Listed by PRICE REAL ESTATE GROUP INC | |||
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CASH ONLY Welcome to 5451 Moonstone Avenue, a rare and exciting opportunity in the heart of upper Rancho Cucamonga. This mid-century modern home, originally built in 1958, embodies the stylish architecture of its era and is waiting for the right visionary to bring it back to life. The home, situated on just under 1.5 acres of prime, equestrian-zoned land, offers unparalleled privacy and breathtaking mountain views. Tucked away behind three homes that front Hillside Road, this property provides a serene retreat while still being close to everything Alta Loma has to offer. The lot is predominantly flat, offering the perfect canvas for your dream home or homes. The existing single-level structure has been gutted, with the demo already done, allowing you to start fresh with your renovation plans or develop an entirely new estate. Mature citrus and fruit-bearing trees dot the landscape, enhancing the natural beauty and charm of this expansive parcel. The previous owners have even drafted preliminary plans for a secondary structure on the western portion of the lot, offering even more potential for customization. This is more than just a property; it's a piece of history, a chance to revive a mid-century gem, and an opportunity to create something truly extraordinary. Whether you choose to restore the existing home to its former glory or build something entirely new, 5451 Moonstone Avenue is ready for your vision to become reality. Don't miss out on this unique chance to own a piece of Alta Loma's finest real estate.
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| Apr 4, 2024 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017