$562,000
●
House -
Off Market
1016 Cannon Road
Riverside, CA 92506
5 Beds
3 Baths
2,650 Ft²
$799,915
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model
About This Property
Well established beautiful Mission Grove neighborhood located on a
quiet street with RV parking. Offering 5 bedrooms with one
bedroom downstairs, and 3 bathrooms. Upon entering the home
you will be drawn to the 17'+ high cathedral ceilings giving this
open floor plan a spacious and airy feel. The kitchen
features gorgeous stainless steel appliances, refinished cabinets a
breakfast bar and granite counter tops that flows into the family
room with fireplace. Four large bedrooms are upstairs,
including the master suite with private balcony. Sliding glass
doors lead out from the family room to a spacious pool size
backyard with gazebo and privacy. Upgrades include brand new
vanities, brand new sinks & new quartz counter tops, recessed
lighting, refinished kitchen cabinets, interior paint, and exterior
paint. This property is in a wonderful affluent neighborhood,
central to excellent schools, awesome shopping centers, outstanding
eateries and wonderful Parks. NO HOA NO HIGH TAXES.
Unit Size
2,650 Ft²
Days on Market
39 days
Land Size
0.28 acres
Price per sqft
$207
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1990
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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 #OC19278965)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 19, 2020 | Sold | ||
| Sold | |||
| Dec 11, 2019 | Listed by Coldwell Banker Res. Brokerage | $549,000 | |
| Listed by Coldwell Banker Res. Brokerage | |||
| Aug 30, 2017 | Sold | ||
| Sold | |||
| Jul 13, 2017 | Listed | $529,900 | |
| Listed | |||
| | |||
|
***Finally*** This property is Now Available to View******Beautiful Spacious Two Level Home Located in a Prestigious Community***Awesome Floor-Plan with Spectacular Upgrades. This home is Located on a Premium Lot, Giving you plenty of privacy and plenty of space to entertain guests and family. The Exterior of the Home has Been Recently Painted. The Front entrance has a beautiful private Porch and an Outstanding View of the surrounding neighborhood. Upon entering the Home you will find Immediate Openness, High Ceilings and Custom Flooring. The Large Kitchen has Beautiful Cabinetry, Granite Countertops & Stainless Steel Appliances. The Master Bedroom is Located Upstairs and it has a Brand New Private Balcony with a Beautiful View and Plenty of space to enjoy the Sunset. All 3 Bathrooms have Brand New Vanities, Brand New Sinks & Brand New Quartz Counter Tops. This Home has 5 Large Bedrooms with Beautiful Upgraded Flooring. Located Downstairs you will find 1 Full Bathroom & 1 Large Bedroom. The Large Backyard is extremely Private and shaded by Beautiful Mature Trees. This property is absolutely TURN -KEY! This property is located in a Wonderful Affluent Neighborhood, and central to Excellent schools, Awesome Shopping Centers, Outstanding eateries and Wonderful Parks.The manager has listed the unit size as 2650 square feet.
| |||
| May 2, 2017 | Listed by Re/Max Partners | $529,900 | |
| Listed by Re/Max Partners | |||
| | |||
|
***Finally*** This property is Now Available to View******Beautiful Spacious Two Level Home Located in a Prestigious Community***Awesome Floor-Plan with Spectacular Upgrades. This home is Located on a Premium Lot, Giving you plenty of privacy and plenty of space to entertain guests and family. The Exterior of the Home has Been Recently Painted. The Front entrance has a beautiful private Porch and an Outstanding View of the surrounding neighborhood. Upon entering the Home you will find Immediate Openness, High Ceilings and Custom Flooring. The Large Kitchen has Beautiful Cabinetry, Granite Countertops & Stainless Steel Appliances. The Master Bedroom is Located Upstairs and it has a Brand New Private Balcony with a Beautiful View and Plenty of space to enjoy the Sunset. All 3 Bathrooms have Brand New Vanities, Brand New Sinks & Brand New Quartz Counter Tops. This Home has 5 Large Bedrooms with Beautiful Upgraded Flooring. Located Downstairs you will find 1 Full Bathroom & 1 Large Bedroom. The Large Backyard is extremely Private and shaded by Beautiful Mature Trees. This property is absolutely TURN -KEY! This property is located in a Wonderful Affluent Neighborhood, and central to Excellent schools, Awesome Shopping Centers, Outstanding eateries and Wonderful Parks.
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
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HOA + Taxes
About Mission Grove
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Listed by: Shaun Radcliffe, Coldwell Banker Res. Brokerage
Last Updated: 5 months ago
Data Source: CRMLS, MLS# OC19278965
Last Updated: 5 months ago
Data Source: CRMLS, MLS# OC19278965
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