1251 Shakespeare Drive
About This Property
From the moment you arrive, you'll notice the excellent curb appeal and pride of ownership throughout. A newer HVAC system was installed just a few years ago, and the dual-pane windows-while not brand new-add energy efficiency and comfort. The exterior shines, and the home has been lovingly cared for over the years.
One of the standout features of this property is the oversized RV parking area-fully equipped with power, water, and sewer hookups. Whether you own a motorhome, trailer, or fifth wheel, there's ample space to accommodate just about any size rig with ease.
Step into the backyard and take in the beautiful views, offering a peaceful and private setting perfect for relaxing or entertaining.
Inside, the home retains much of its original character and charm. While some areas may benefit from a light cosmetic update, it's truly a canvas for your personal touch. With strong bones and a functional layout, the possibilities are endless.
This is a rare opportunity to live in one of Riverside's most desirable communities, known for its scenic surroundings, friendly neighbors, and exceptional schools-Castle View Elementary, Gage Middle School, and the prestigious Poly High School.
Don't miss your chance to make this Canyon Crest classic your own!
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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 |
|---|---|---|---|
| Aug 21, 2025 | Sold | ||
| Sold | |||
| Aug 1, 2025 | In contract | - | |
| In contract | |||
| Jul 20, 2025 | Listed by Tower Agency | $679,800 | |
| Listed by Tower Agency | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017