Listed by: GARY BOTTOM, COMPASS
$870,000
●
House -
Off Market
10651 Orchard View Lane
Riverside, CA 92503
4 Beds
2 Baths
2,203 Ft²
$4,364
Est. Monthly
$43
HOA / Fees
4.85%
Cap Rate
About This Property
THE ORCHARDS/LA SIERRA SOUTH-An original phase single story, this
home sits off the street giving it a private feel. Formal living
room and dining room. The kitchen and nook open up to the family
room, making it great for family and entertaining. Kitchen has been
updated with newer appliances, cabinets, and counters. Updated
bathrooms, with stone countertops and walk in shower in primary.
The yard is like having your own park! Complete with walking
trails, fountain, and fruit trees. Detached 3 car garage, with part
of it finished, which could be used as storage, workshop, or an
office. Close to shopping, dining, and transportation. Great value
in a mature and well-mainted community.
Unit Size
2,203 Ft²
Days on Market
72 days
Land Size
0.54 acres
Price per sqft
$399
Property Type
House
Property Taxes
-
HOA Dues
$43
Year Built
1981
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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: 2 years ago (CRMLS #IV24234225)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 27, 2025 | Sold | ||
| Sold | |||
| Dec 29, 2024 | In contract | - | |
| In contract | |||
| Nov 14, 2024 | Listed by COMPASS | $879,900 | |
| Listed by COMPASS | |||
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
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Type
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Baths
ft²
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Asking Price
Listed On
Listed On
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Sold On
Sold On
HOA + Taxes
About Lake Hills-Victoria Grove
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Listed by: GARY BOTTOM, COMPASS
Last Updated: 2 years ago
Data Source: CRMLS, MLS# IV24234225
Last Updated: 2 years ago
Data Source: CRMLS, MLS# IV24234225
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