964 W Rancho 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 |
|---|---|---|---|
| Oct 17, 2024 | Sold | ||
| Sold | |||
| Oct 4, 2024 | In contract | - | |
| In contract | |||
| Sep 26, 2024 | Listed by Oscar Tortola Group Real Estate Services | $700,000 | |
| Listed by Oscar Tortola Group Real Estate Services | |||
| | |||
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***LOW TAXES & NO HOA*** Welcome to 964 W. Rancho Rd in the heart of Corona, CA! This beautifully remodeled 4-bedroom, 2-bath home offers modern upgrades and plenty of charm. As you step inside, you’ll be greeted by a spacious living area that flows into a large bonus room, where you'll find a lovely private courtyard perfect for relaxing outdoors or entertaining and an additional entrance to the backyard. The kitchen has been thoughtfully upgraded with sleek countertops, white cabinets, and plenty of space to make cooking a pleasure.
The bedrooms are generously sized, providing comfort and flexibility for your family. Both bathrooms have been remodeled, featuring upgraded walk-in showers that add a touch of luxury to your daily routine. With a roof that's only about 3 years old, you can rest easy knowing the home is well-protected for years to come.
One of the best parts of this property is its affordability—**low taxes** and **no HOA** mean you'll save significantly on ongoing costs. The large backyard offers endless possibilities to create your perfect outdoor retreat, whether it’s a garden, a play area, or an entertainment space.
Conveniently located near shopping, dining, and schools, 964 W. Rancho Rd provides a perfect balance of quiet suburban living with easy access to all that Corona has to offer. Don’t miss out on this turnkey home in a prime location!
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| Apr 2, 2018 | Sold | ||
| Sold | |||
| Jan 26, 2018 | Listed by Gregorio Vargas, Broker | $475,000 | |
| Listed by Gregorio Vargas, Broker | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017