$350,000
●
House -
Off Market
1050 Altura Drive
Riverside, CA 92507
4 Beds
1 Bath,
1
Half Bath
1,200 Ft²
$555,747
RealtyHop Estimate
52.26%
Since Jun 1, 2018
National-US
Primary Model
About This Property
Welcome home to this great, clean property located in a nice pocket
community, less than five minutes from UCR. Offering 4 beds 2 bath,
new interior paint throughout, new carpet, and newly painted
kitchen cabinetry. This property is centrally located, close to 60
& 91 Freeways, Elementary school, shopping and more. ...would make
great student rental income or perfect for first time home buyers!
Stop by before its gone!
Unit Size
1,200 Ft²
Days on Market
54 days
Land Size
0.16 acres
Price per sqft
$304
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1970
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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: 4 months ago (CRMLS #IV18056496)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Oct 25, 2020 | In contract | - | |
| In contract | |||
| Oct 14, 2020 | Relisted | $395,000 | |
| Relisted | |||
| Oct 2, 2020 | In contract | - | |
| In contract | |||
| Sep 11, 2020 | Listed | $395,000 | |
| Listed | |||
| | |||
|
Great Opportunity!! welcome to this great and nice neighborhood, close to UCR. Offering 4 bedrooms, 2 Bath with new water heater and A/C. Spacious living room with a lot of natural light. Convenient access from dining area to the backyard for fun and entertainment. This property has easy access to freeway 60 & 91, shopping, schools, park, etc. Great opportunity for first time home buyer or investors. Do not miss this immaculate beauty. Stop by before it is gone! https://my.matterport.com/show/?m=E4rFF12wezq The manager has listed the unit size as 1200 square feet.
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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 University
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Listed by: SUSANA URIARTE, ONE WEST REALTY
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV18056496
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV18056496
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