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853 Cheyenne Road
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 |
|---|---|---|---|
| May 27, 2025 | Price Decreased |
$795,000
↓ $4K
(0.5%) | |
| Price Decreased | |||
| Mar 21, 2025 | Listed | $799,000 | |
| Listed | |||
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This beautifully upgraded 3-bedroom, 2-bath home in Corona combines modern elegance with timeless charm. An inviting front porch, framed by lush landscaping and a manicured lawn, leads into a bright, airy living room with soaring vaulted ceilings, abundant natural light, and a striking designer fireplace with a quartz hearth and chic tile facade. The fully remodeled kitchen is a showstopper, featuring travertine flooring, recessed lighting, a Kohler farmhouse sink, sleek new fixtures, a five-burner stainless steel Frigidaire range and microwave, quartz countertops, a designer tile backsplash, and a cozy two-seater breakfast bar, perfect for morning coffee or casual meals. The stunning primary bedroom is a tranquil retreat with vaulted ceilings, a ceiling fan, a spacious walk-in closet, and a fully remodeled luxurious en-suite bathroom with dual sinks and modern fixtures and gorgeous stone. The additional bedrooms are equally charming, with thoughtful designer touches, while the hallway bath includes recessed lighting, updated fixtures, and a tub/shower combo. A remodeled downstairs bathroom with travertine flooring and a stylish vanity adds extra convenience. Step outside into the massive backyard, a true entertainer’s paradise. Enjoy summer evenings under the gorgeous covered patio, surrounded by mature shade trees, flowering shrubs, a side garden, and a grassy play area. Bullnose-edged brick planters add architectural character to the landscape. Additional upgrades include a newer Lennox HVAC system (installed within the last three years), brand-new carpet on the stairs and upstairs level, and laminate flooring installed five years ago downstairs. The extended driveway offers RV or additional parking and is thoughtfully separated from the neighbor’s drive with a stone-brick divider. The attached two-car garage includes mounted storage cabinets, a built-in workbench, and a newer water heater. This move-in-ready home is a rare find—offering style, space, and elegant updates throughout. Best of all, there’s no Mello- Roos and no HOA, giving you more freedom and fewer monthly expenses. Don’t miss the opportunity to own this exceptional retreat in one of Corona’s most welcoming neighborhoods.
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| Jun 3, 2019 | Sold | ||
| Sold | |||
| Apr 11, 2019 | Listed by Keller Williams Realty | $489,000 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017