7348 EDGEWATER Way
About This Property
2.5 bathrooms, studio or office on 1st Floor, large kitchen with beautiful island and large pantry. Two large storage closets, Separate laundry room, walk in closets, and large bathroom in maser bedroom. Second floor has a loft than can be used as a play room, computer room, or entrainment area.
Kitchen has beautiful quartz counters and USB connections, window cover with shutter to save energy during hot days, and enjoy privacy. Front and back has a beautiful artificial free turf maintenance landscape. Cover patio with fans and led lights, and Spa and gazebo to enjoy during summer. Also this
gem is located near downtown Fontana, close to library, City hall, easy access to 210 Freeway, 10 and 15.
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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 |
|---|---|---|---|
| Jun 2, 2020 | Sold | ||
| Sold | |||
| Apr 25, 2020 | Listed by GUZMAN & ASSOCIATES | $449,950 | |
| Listed by GUZMAN & ASSOCIATES | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017