$415,000
●
House -
Off Market
11062 Fallwood Drive
Riverside, CA 92505
4 Beds
2 Baths,
1
Half Bath
1,960 Ft²
$575,418
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model
About This Property
The Lovely home is located in the gated community of Somervale II.
This home features tile flooring and carpeting on the main floor,
and carpet upstairs. The kitchen has an open concept and features
beautiful granite countertops, stainless appliances and a walk in
pantry. There is a half bath and laundry downstairs. Upstairs there
are 4 bedrooms and 2 full bathrooms. Each of the bedrooms has
carpeted flooring. The master bedroom has a large closet for
storage, master bath features a double sink vanity and a separate
shower and bathtub. 3 car garage. The community has a park and a
BBQ area to enjoy.This home is located in very close proximity to
La Sierra University, and stores at the Galleria at Tyler. This
home is being sold a Short Sale.
Unit Size
1,960 Ft²
Days on Market
432 days
Land Size
0.08 acres
Price per sqft
$212
Property Type
House
Property Taxes
-
HOA Dues
$211
Year Built
2007
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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 #IV19101439)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 7, 2020 | Sold | ||
| Sold | |||
| May 2, 2019 | Listed by MOVOTO, INC. | $415,000 | |
| Listed by MOVOTO, INC. | |||
Property Highlights
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About La Sierra Hills
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Listed by: SERGIO SALAZAR, MOVOTO, INC.
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IV19101439
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IV19101439
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