$499,900
●
House -
Off Market
16085 Albarian Way
Riverside, CA 92504
4 Beds
2 Baths
1,991 Ft²
$788,745
RealtyHop Estimate
57.78%
Since Feb 1, 2018
National-US
Primary Model
About This Property
Contractors Dream Home with Detached Workshop sits on 1/2 Acre!
Just off of Van Buren in a very desirable area, Million
Dollar Homes just across our street! This Home has been
completely remodeled with New wood like tile flooring thru-out, New
Baseboards only 4 Bedrooms have brand New Carpet, kitchen has New
Granite Counter Tops. New Stainless Steel Appliances to be
installed. All Bathrooms have New Toliets, New Granite
Counter tops, New sinks, faucets and fixtures! All Interior doors
are New Raised Panel Doors the property also has newer windows and
a newer air conditioner! This Beauty has a very open floor
plan. In the back of the property you have many fruit trees
and a small boxed vegetable garden, open storage shed and the
Detached 2 car garage with separate workshop in rear! Gated RV
Parking and New Front yard landscaping. The residence also
has an attached 2 Car Garage with direct access! The Septic
System has been pumped and Certified! We are good to go! This
Stunning Home is Priced to sell, so you better hurry on this one!
Unit Size
1,991 Ft²
Days on Market
111 days
Land Size
0.50 acres
Price per sqft
$251
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1978
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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 #IG17218761)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 10, 2018 | Sold | ||
| Sold | |||
| Sep 21, 2017 | Listed by Remax Real Pros | $499,900 | |
| Listed by Remax Real Pros | |||
Property Highlights
Air Conditioning
Fireplace
Garage
With View
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 Woodcrest
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Candi Choumas, Remax Real Pros
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IG17218761
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IG17218761
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