$373,765
●
House -
Off Market
7642 Cypress Avenue
Fontana, CA 92336
4 Beds
3 Baths
1,548 Ft²
$513,042
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model
About This Property
Spacious is an understatement! This beautiful Fontana home was
built in 2010 and boasts 4 bedrooms and 3 bathrooms. With 1,548
sqft of living space and an 8,370 sqft lot, this gem provides
tremendous space for any buyer. The open concept kitchen and living
has been upgraded with tile throughout as well as recess lighting.
The detached garage provides a wonderful opportunity to develop a
rental unit for supplemental income by taking advantage of
California's liberal Accessory Dwelling Unit laws (see city of
Fontana ADU Requirements). Fruit trees line the property
including Lemon tree, Peach Tree, Guava Tree, Nectarine Tree, and
Avocado tree. Don't worry about staying cool because central AC was
recently installed! Did we mention that this home is conveniently
located a short walking distance to Juniper Elementary and Bill
Martin Park? This is a must see!
Unit Size
1,548 Ft²
Days on Market
36 days
Land Size
0.19 acres
Price per sqft
$226
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2010
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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 #DW19171639)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 23, 2019 | Sold | ||
| Sold | |||
| Jul 18, 2019 | Listed by Coldwell Banker Allstars | $349,900 | |
| Listed by Coldwell Banker Allstars | |||
Property Highlights
Air Conditioning
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
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Fontana
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Nahed Benyamein, Coldwell Banker Allstars
Last Updated: 4 months ago
Data Source: CRMLS, MLS# DW19171639
Last Updated: 4 months ago
Data Source: CRMLS, MLS# DW19171639
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