980 Othello Lane
About This Property
All other secondary bedrooms are spacious including a huge bedroom/flex room/theater room/2nd master suite/ 6th bedroom. Upstairs also includes full hall bathroom with dual vanity. Window blinds throughout. Nice size back yard with detached covered patio (outdoor ceiling fans) ideal for family get together' s and BBQs. Awesome location in the heart of Corona close to foothill/green river extension allows quick access to cities of Orange County and the beaches. Plenty of rooms to dedicate one as an office for work from home or hybrid work types. Huge three car garage with built-in storage cabinets. Close to famous Skyline trails for hiking, biking, and other outdoor activities. Close to schools, shops, parks and a great neighborhood this home has plenty to offer for any family size. Interior newly painted, about 1000 Sf of Luxury Vinyl Plank flooring installed. $10,000 landscaping including new sod front and back, sprinkler system revamped, and more. You will love the feel of this home.
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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 |
|---|---|---|---|
| Dec 29, 2022 | Sold | ||
| Sold | |||
| Oct 12, 2022 | Listed by Liberty Real Estate Services | $885,000 | |
| Listed by Liberty Real Estate Services | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017