1057 Bay Ridge Circle
About This Property
Step inside to find a well-laid-out interior featuring a huge master suite, perfect for relaxation and privacy. The open floor plan seamlessly connects the living spaces, providing an ideal setting for both everyday living and entertaining. The vast outdoor space offers endless possibilities, from creating your dream garden, a sparkling pool to setting up a luxurious entertainment area. With so much land at your disposal, the opportunities are limitless.
Located in a prime Riverside location, just minutes from the University of California, Riverside (UCR), a beautiful golf course, and walking distance to a local elementary school - this home is perfectly positioned for convenience and recreation.
Experience the perfect balance of tranquility and convenience in this desirable Riverside neighborhood. This house is perfect for those looking to add their personal touch and enhance its value. (***grass is enhanced to give a visual)
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 6, 2024 | Sold | ||
| Sold | |||
| Aug 13, 2024 | In contract | - | |
| In contract | |||
| Jun 28, 2024 | Listed by EXP REALTY OF CALIFORNIA INC | $830,000 | |
| Listed by EXP REALTY OF CALIFORNIA INC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017