$630,000
●
House -
Off Market
16571 Orangewind Lane
Riverside, CA 92503
3 Beds
2 Baths,
1
Half Bath
2,348 Ft²
$927,924
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model
About This Property
A rare jewel in an idyllic setting! Nature has seldom done
more to enhance the beauty and privacy of a home. Nestled
peacefully in the highly desirable community of "The Orchard," the
many features of this single story home will satisfy your every
idea of comfort, practicality, and luxury. Originally designed with
4 bedrooms, a connecting wall has been removed creating a 3 bedroom
home that has the feel of dual master bedrooms at opposite ends and
an office in the center. This could easily be converted back to a 4
bedroom floor plan if desired. Take a moment and watch the
virtual tour to see the many tasteful updates and amenities that
will instantly lure you inside, and prepare to be wowed by the
tree-lined, multi-level landscaped 3/4 acre lot that includes a
totally secluded pool/spa area with a resort-like appeal.
Every perspective offers a sense of natural tranquility that
you will want to return to again and again.
Unit Size
2,348 Ft²
Days on Market
42 days
Land Size
0.74 acres
Price per sqft
$268
Property Type
House
Property Taxes
-
HOA Dues
$37
Year Built
1988
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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 #IV19075488)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 22, 2023 | Sold | ||
| Sold | |||
| Feb 17, 2023 | Listed by REDFIN | $975,000 | |
| Listed by REDFIN | |||
| | |||
|
Gorgeous pool home in the Orchard Community! Completely renovated interior with touches that make this home completely one of a kind. From custom paint to wood-like tile flooring throughout, high ceilings, seven inch baseboards, less than 2 years old water heater, Principal Bedroom with an en suite gorgeous bath that includes separate shower, a true soaking tub and double sinks. Two fireplaces, one in the living room and one in the family room. Kitchen with island, farm style sink, a separate prep sink, stainless steel appliances, quartz counters and so much more. The backyard is an entertainer’s haven with a layered style – having first the semi-covered patio and artificial turf for low maintenance of this area and in the second section you find the newly re-plastered salt water pool with sunbathing areas. The pool has brand new equipment that is mobile controlled. All of this set in a perfect natural backdrop which can be enjoyed from the home and patio – private and beautiful. Don’t miss this opportunity and call to set up your private tour now!
| |||
| May 16, 2019 | Sold | ||
| Sold | |||
| Apr 4, 2019 | Listed by GARVER LENDING SERVICES | $629,000 | |
| Listed by GARVER LENDING SERVICES | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Asking Price
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Closing Price
Sold On
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HOA + Taxes
About Lake Hills-Victoria Grove
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Listed by: LISA DABNEY, GARVER LENDING SERVICES
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV19075488
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV19075488
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