$629,900
●
House -
Off Market
16745 Wood Road
Riverside, CA 92508
6 Beds
4 Baths
2,671 Ft²
$925,954
RealtyHop Estimate
47.00%
Since Jul 1, 2019
National-US
Primary Model
About This Property
2 Homes plus workshop/garage on large 1.94 acre rectangular
lot....Completely fenced corner lot with gate access on Wood Rd.
and gate access on Lurin Ave....level lot with gentle upslope from
street level....2nd home - 2 BD. 1 bath with full kitchen...dining
area...living room....Main home features 4 large bedrooms, 3
bathrooms, kitchen open to living room with large dining
area....indoor laundry room with access door to outside....tile
flooring....carpet in bedrooms....ceiling fans....oversized 3 car
garage attached with door opener-main home....Plus Large contractor
like garage workshop approx. 1500 square feet perfect for car or
shop guys with (2) double door entries.....220 electric
service...RV hookups on the side....Large lot offers lots of
potential to expand, possible lot split or potential residential
care/assisted living facility....minutes to regional shopping
conveniences and the 215/60 industrial/commercial/business center
in and around March Air Force Base.....
Unit Size
2,671 Ft²
Days on Market
508 days
Land Size
1.94 acres
Price per sqft
$236
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2004
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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 #IV18009978)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 6, 2019 | Sold | ||
| Sold | |||
| Jan 14, 2018 | Listed by CAL-BROKER REAL ESTATE NETWORK | $629,900 | |
| Listed by CAL-BROKER REAL ESTATE NETWORK | |||
| Jul 29, 2017 | Listed | $639,900 | |
| Listed | |||
| | |||
|
2 Homes plus workshop/garage on large 1.94 acre rectangular lot....Completely fenced with gate access on Wood Rd. and gate access on Lurin Ave....level lot with gentle upslope from street level....2nd home - 2 BD. 1 bath with full kitchen...dining area...living room....Main home features 4 large bedrooms, 3 bathrooms, kitchen open to living room with large dining area....indoor laundry room with access door to outside....tile flooring /to....carpet in bedrooms....ceiling fans....oversized 3 car garage attached with door opener....Plus Large contractor like garage workshop approx. 1500 square feet perfect for car or shop guys with (2) double door entries.....220 electric service...RV hookups on the side....Large lot offers lots of potential to expand, possible lot split or potential residential care/assisted living facility....minutes to regional shopping conveniences and the 215/60 industrial/commercial/business center in and around March Air Force Base..... The manager has listed the unit size as 2671 square feet.
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Orangecrest
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Listed by: ROB BUCKEL, CAL-BROKER REAL ESTATE NETWORK
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV18009978
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV18009978
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