11146 Gramercy
About This Property
Enjoy an open living space creating the perfect setting for gatherings and everyday living. The well-appointed kitchen has been refreshed to complement the home's updates, and the generous bedrooms provide flexible space for family, guests, or a home office.
Situated on a spacious lot, over 12,000 square feet, the backyard offers plenty of room for gardening, outdoor entertaining, or a possible Accessory Dwelling Unit (ADU). An attached garage and central cooling system add everyday convenience and year-round comfort.
Located in an established community with easy access to shopping, dining, transportation, and schools, this property presents a great opportunity to own an updated home in one of Riverside's most convenient neighborhoods.
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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 |
|---|---|---|---|
| Mar 19, 2026 | Sold | ||
| Sold | |||
| Mar 10, 2026 | In contract | - | |
| In contract | |||
| Feb 23, 2026 | Listed by eXp Realty of California Inc | $600,000 | |
| Listed by eXp Realty of California Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017