Listed by: Chris Wen, Walton Realty Inc.
$979,000
●
House -
Off Market
11014 Cleveland Avenue
Riverside, CA 92503
3 Beds
4 Baths,
1
Half Bath
3,575 Ft²
$4,951
Est. Monthly
$50
HOA / Fees
3.79%
Cap Rate
About This Property
Nice single story home on a large lot, spacious floor plan with 10
feet ceiling, fresh interior and exterior paint, recess Lighting
and laminate flooring, beautiful arches, living Room, powder room,
formal dining room, family room with fireplace and entertainment
niche , central island kitchen with lots of cabinets and a walk-in
pantry, Breakfast Nook with double French door lead to beautiful
back yard porch and patio. Three bedrooms plus a den and a full
bath at the side of the den, master bedroom with separate shower
and a large roman jacuzzi tub, double sinks, walk-in closet and
built-in make-up counter. Jack and Jill room with a full bath,
laundry room with sink and cabinet, dual central air compressor,
gated front yard with remote iron gate, large side yard with porch
and storage, large 3 car garage with working counters, and much
more. Please see to appreciate. Some of the uploaded photos were
virtually staged
Unit Size
3,575 Ft²
Days on Market
76 days
Land Size
0.40 acres
Price per sqft
$279
Property Type
House
Property Taxes
-
HOA Dues
$50
Year Built
2006
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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 #TR24233570)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 5, 2025 | Sold | ||
| Sold | |||
| Jan 18, 2025 | In contract | - | |
| In contract | |||
| Nov 21, 2024 | Listed by Walton Realty Inc. | $998,000 | |
| Listed by Walton Realty Inc. | |||
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
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Lake Hills-Victoria Grove
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Listed by: Chris Wen, Walton Realty Inc.
Last Updated: 2 years ago
Data Source: CRMLS, MLS# TR24233570
Last Updated: 2 years ago
Data Source: CRMLS, MLS# TR24233570
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