1502 Portrait Road
About This Property
The classic dream is here, a recently made move in ready 3 bedroom 2 bath home of Perris!
Made to make any buyer overjoyed at the ease of access to and from the main arterial roads.
Near Perris High School off Nuevo, and a short jaunt to CA-Hwy 74 or Interstate 215, an easy path from work to home can be made daily.
Low Maintenence backyard and front yard keeps the worries down and the enjoyment of homeownership up.
With 2 car attached garage, and ample driveway parking, there is room for toys, or other stored items.
Tile floors and brand new carpet through out with fresh paint, newly treated kitchen wood cabinets make the home the easy living you deserve.
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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 |
|---|---|---|---|
| Sep 19, 2024 | Sold | ||
| Sold | |||
| Aug 8, 2024 | Price Decreased |
$465,000
↓ $10K
(2.1%) | |
| Price Decreased | |||
| Aug 8, 2024 | In contract | - | |
| In contract | |||
| Jul 25, 2024 | Listed by Grand Avenue Realty & Lending | $475,000 | |
| Listed by Grand Avenue Realty & Lending | |||
| | |||
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Conveniently located this single story home near the city center of Perris with shopping centers and schools close proximity, offers 3 bedrooms, 2 bath in a quiet community with separate upgraded kitchen and good size backyard, perfect for first time home buyers.
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| Jun 30, 2020 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017