$533,000
●
House -
Off Market
950 River Drive
Norco, CA 92860
3 Beds
2 Baths
1,433 Ft²
$785,053
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model
About This Property
Beautiful single-story 3-bedroom and 2-bathroom home now available
in Norco - - -"Horsetown USA" - - -
This beautiful equestrian home features unobstructed views of the mountains and has quick access to the river trail. There are numerous updates throughout; the energy-efficient dual pane windows allow for a bright interior from natural lighting; open floor plan with tile, carpet and wood flooring. Spacious family living and dining area; bright kitchen has a large center island and granite counters, upgraded cabinetry and stainless steel appliances; 3 roomy bedrooms and two updated bathrooms; there is an inside laundry closet; the master bedroom, kitchen and dining areas all open to the outdoor deck, over-looking the fire pit area and large backyard; plenty of room to design your own outdoor space. Lot size is a huge 25,700 sq feet of flat land with two separate fenced and gated areas for horses as well as a covered piped horse pen; several citrus trees; room for RV parking; located on the Santa Ana River with easy access to horse trails and beautiful views - - - Minutes from shops and restaurants, 15 freeway and more...
This beautiful equestrian home features unobstructed views of the mountains and has quick access to the river trail. There are numerous updates throughout; the energy-efficient dual pane windows allow for a bright interior from natural lighting; open floor plan with tile, carpet and wood flooring. Spacious family living and dining area; bright kitchen has a large center island and granite counters, upgraded cabinetry and stainless steel appliances; 3 roomy bedrooms and two updated bathrooms; there is an inside laundry closet; the master bedroom, kitchen and dining areas all open to the outdoor deck, over-looking the fire pit area and large backyard; plenty of room to design your own outdoor space. Lot size is a huge 25,700 sq feet of flat land with two separate fenced and gated areas for horses as well as a covered piped horse pen; several citrus trees; room for RV parking; located on the Santa Ana River with easy access to horse trails and beautiful views - - - Minutes from shops and restaurants, 15 freeway and more...
Unit Size
1,433 Ft²
Days on Market
61 days
Land Size
0.59 acres
Price per sqft
$376
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1963
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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 #TR19259033)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 6, 2020 | Sold | ||
| Sold | |||
| Nov 6, 2019 | Listed by Hometrust Real Estate | $538,800 | |
| Listed by Hometrust Real Estate | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Norco
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Listed by: Richard Harris, Hometrust Real Estate
Last Updated: 5 months ago
Data Source: CRMLS, MLS# TR19259033
Last Updated: 5 months ago
Data Source: CRMLS, MLS# TR19259033
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