$842,500
●
House -
Off Market
1516 Muirfield Road
Riverside, CA 92506
4 Beds
2 Baths,
1
Half Bath
3,456 Ft²
$1,287,453
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model
About This Property
**ALESSANDRO HEIGHTS/WHITEGATE**No Mello Roos**No HOA**Must see
this stunning and highly coveted Plan 2 single story home. Upon
arrival you will be mesmerized by the lush park like landscaping &
exquisite curb appeal. This executive single story is situated on a
nice elevated corner lot in one of the best neighborhoods in
Riverside. This home has a welcoming front porch and double door
entry leading to one of the most desirable open floor plans in the
Alessandro Heights & Whitegate Area. Interior features include
large open spaces & vaulted ceilings, designer selected upgrades of
richly stained cabinetry, stone counter-tops, ceramic tile flooring
throughout with new carpeting in all bedrooms and living room!
Formal dining & living room with fireplace; Separate family room
with stone fireplace; inviting bar w/fridge, large island kitchen
with breakfast room. Large master-suite with dual-sided fireplace,
spacious bath with soaking tub, walk-in shower and large
walk-in-closet. Huge secondary bedrooms, wide hallways, indoor
laundry room and over-sized 3 car garage. Protected by a smart home
alarm system, control the lights & AC systems from your smart
phone. Enter your large private backyard to be presented with
immaculate landscaping, sparkling pool & spa, outdoor speakers, two
separate expansive covered patios centered around a peaceful
fountain and outdoor fireplace excellent for entertaining many
guests. Don't miss out on this great opportunity...
Unit Size
3,456 Ft²
Days on Market
94 days
Land Size
0.50 acres
Price per sqft
$246
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1989
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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: 4 months ago (CRMLS #PW18170207)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 19, 2018 | Sold | ||
| Sold | |||
| Jul 17, 2018 | Listed by Cochran R. E. Professionals | $850,000 | |
| Listed by Cochran R. E. Professionals | |||
Property Highlights
Garage
Air Conditioning
Fireplace
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
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Alessandro Heights
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Christopher Cochran, Cochran R. E. Professionals
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW18170207
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW18170207
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