$469,000
●
House -
Off Market
710 Butternut Lane
Corona, CA 92882
4 Beds
2 Baths
1,699 Ft²
$709,472
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model
About This Property
EXCELLENT LOCATION IN WEST CORONA . . . ONLY 2 MINUTES FROM 91 FWY
& SERFAS CLUB DR . . . CLOSE TO THE METROLINK STATION . . . OPEN
FLOOR PLAN . . . LOT IS HUGE WITH 11,761 SQ FT, OR .27 ACRES WITH
VEHICLE ACCESS THROUGH GARAGE. . . OVER $50K HAS BEEN SPENT IN
REMODELING HOME . . . PAID SOLAR PANELS INCLUDED. . . OWNER PAYS
ONLY $10 PER MONTH ON ELECTRICITY . . . KEEPS A/C ON 24-7 AT 74
DEGREES . . . SOLAR PANELS NOT LEASED . . . UPGRADES INCLUDE:
REMODELED KITCHEN WITH NEW CABINETS, APPLIANCES, & GRANITE COUNTER
TOPS . . . BOTH BATHS HAVE BEEN REMODELED . . . NEW CEILING FANS .
. . NEW UPGRADED LAMINATE FLOORING THROUGHOUT HOME . . . ADDED
INSULATION IN ATTIC, DUAL PANE WINDOWS & TWO SLIDING DOORS . . .
INSULATED GARAGE DOORS . . . NEW PAINT & STUCCO IN EXTERIOR . . .
RAIN GUTTERS ALL AROUND HOME . . . NEWER ROOF . . . NEWER
A/C-FURNACE . . . NEWER GAS WATER HEATER . . . BACKYARD IS HUGE &
HAS ACCESS WITH GARAGE DOOR TO BACK . . . INCLUDES 3 PATIO AREAS .
. . EXTRA SIZED GARAGE IS WIDE & DEEP . . . SEPARATE STORAGE ROOM &
WORKSHOP ROOM . . . KITCHEN IS OPEN TO DINING & FAMILY ROOM WITH
LAUNDRY ROOM OFF KITCHEN AREA . . . LIVING ROOM FEATURES WOOD
BURNING & GAS FIREPLACE . . .
Unit Size
1,699 Ft²
Days on Market
54 days
Land Size
0.27 acres
Price per sqft
$276
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1962
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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 #IV18162854)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 30, 2022 | No longer available | - | |
| No longer available | |||
| Apr 8, 2022 | In contract | - | |
| In contract | |||
| Apr 5, 2022 | Relisted | $699,900 | |
| Relisted | |||
| Mar 18, 2022 | In contract | - | |
| In contract | |||
| Mar 2, 2022 | Listed by First Team Real Estate | $699,900 | |
| Listed by First Team Real Estate | |||
| | |||
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Updated 4-Bdrm Home on Huge 11,761-SqFt Lot!! Plenty of Space for a Pool, Spa, ADU/Guest House andor to Park All Your Toys in this Extra Deep Usable Yard! Pull Through Garage Provides Easy Access for Cars, Boats, ATVs & RVs ... So Much Potential Here to Create Your Dream Backyard! Charming 4 Bdrm / 2 Bath Single Story Home on Small Cul-De-Sac Street is Freshly Painted Inside with Beautiful Wood Laminate Flooring - Spacious Remodeled Kitchen with Granite Counters, Recessed Lighting, Neutral Soft-Close Wood Cabinetry, Stainless Steel Sink & Newer Appliances, Including Microwave, Dishwasher & New Stainless Steel Oven/Gas Cooktop - Kitchen is Open to Large Family Great Room with Space for a Dining Table AND Living/Entertaining Space AND Inside Laundry Hookups - Separate Formal Living Room has Cozy Brick Fireplace & Sliding Glass Door to Backyard - Lots of Storage Throughout the Home - Fully Owned Solar Energy System with Central Heat & A/C - Attached 2-Car Garage Finished with Drywall has Direct Access to the Home, Plus 2 Storage Rooms/Workshops at Rear of Garage - No Mello Roos Tax or HOA Dues - Surrounded by Peek-a-Boo Views of the Mountains & Hills ... Easy Access to the 91 & 71 Freeways! Attends Cesar Chavez Academy & Corona High School The manager has listed the unit size as 1699 square feet.
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Central Corona
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Listed by: OSCAR GARCIA, 1% LISTING FEE
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV18162854
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV18162854
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