1220 Riverside Drive
About This Property
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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%.
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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 21, 2018 | No longer available | - | |
| No longer available | |||
| Sep 18, 2018 | Sold | ||
| Sold | |||
| Aug 21, 2018 | Listed | $680,000 | |
| Listed | |||
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Welcome to 1220 Riverside Drive one of the most charming neighborhoods in the wonderful City of Fullerton. You’ll fall in love with this home from the moment you walk in. This upgraded and stylish 3 bedroom, 2 bath home hosts 1329 sqft of living space on a 6,490 sqft lot. Recently remodeled with striking hardwood flooring and new windows throughout. The updated galley kitchen hosts granite counter tops, stainless steel appliances and custom cabinets. Both bathrooms have been updated and remodeled and you’ll adore the cozy fireplace in the living room. Other highlights in the home include a master bedroom with a walk in closet and en-suite bath with walk-in shower and the two secondary bedrooms are pleasing in size. The lovely and peaceful backyard has an enjoyable covered patio, lots of grass area, shady trees, plus a gardening area too. The backyard will be your favorite spot to entertain on those warm summer nights and the lot allows for endless possibilities! For your added convenience there is an inside laundry room for a full-size washer and dryer and a detached 2 car garage with ally access for extra parking. This home is located near the heart of Fullerton and in the award-winning school districts. Close to Downtown Fullerton, Fullerton College, Fullerton High School, Cal State Fullerton, nearby public transit and the 57 and 91 freeways. The home is walking distance to and Raymond Elementary, and is located north of Chapman and east of Raymond. The manager has listed the unit size as 1329 square feet.
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| Aug 3, 2018 | Listed by T.N.G. Real Estate Consultants | $680,000 | |
| Listed by T.N.G. Real Estate Consultants | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017