1
Map
$519,000
●
House -
Off Market
746 River Drive
Norco, CA 92860
4 Beds
2 Baths
2,028 Ft²
$762,306
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model
About This Property
Bring the horses! Cute Norco home with view over the
riverbed. Open floor plan with beautiful large front window
to capture the views. Kitchen was remodeled with granite
countertops. Most windows are new with new larger slider at
back door. There are 3 bedrooms and 2 baths PLUS a very
large separate storage room and an office off the living room.
The upgrades include a new heater and A/c with new ducting,
copper pipes thru out most of the house and all the way to the
street, newer roof and new water heater. The back deck
features beautiful Gazebo with Jacuzzi tub all sitting on TREX
decking. Horse area features large feed and tack storage area
and two 24 x 24 cover pipe stalls. Easy access to the
backyard thru one of the two 14 ft gates. The gate at the
driveway is automatic and the entire property is fenced to protect
the animals. Come see this darling home.
Unit Size
2,028 Ft²
Days on Market
192 days
Land Size
0.29 acres
Price per sqft
$256
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1947
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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: 5 months ago (CRMLS #IV19027749)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 16, 2019 | Sold | ||
| Sold | |||
| Feb 5, 2019 | Listed by KELLER WILLIAMS REALTY NORCO | $519,900 | |
| Listed by KELLER WILLIAMS REALTY NORCO | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Norco
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Listed by: JULIANNE FARMER, KELLER WILLIAMS REALTY NORCO
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IV19027749
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IV19027749
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