1
Map
$548,000
●
House -
Off Market
18778 Lakepointe
Riverside, CA 92503
4 Beds
2 Baths,
1
Half Bath
3,218 Ft²
$814,463
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model
About This Property
Just Reduced $23K - Beautiful Former Model Home with builder
upgrades in the Lake Hills Reserve. 4 Bedrooms with 1 of the
bedrooms downstairs. Additional Bonus Room downstairs that
can be used for office or exercise room. Formal Dining Room and
Sitting Room. The Front & Backyard are all hardscaped and
landscaped with Trees, Bushes, Plants and Beautiful Flowers. Lawns
Have been Freshly Sodded. This Home has a Nice Patio &
Great Privacy in the Backyard. Master Bedroom has it's
own Fireplace, Walk-in Closet and A Balcony with Scenic Views
that can be enjoyed on the warm summer evenings. Beautiful
Master Bathroom has separate shower and Jacuzzi Style
Bathtub. Large Kitchen with Granite Counters and Granite
Center Island, Stainless Steel Appliances includes Refrigerator,
Walk-In Pantry and Lots of Storage. Garage has Epoxy Coated
Flooring to Make it Easy to Keep Garage Clean. Located short
walking distance to the Private Gated Swimming Pool for Residents
of Lake Hills Reserve that includes a Playground, Park and Pavilion
with Fireplace. The Home is Located Approximately 2.5 Miles
to 91 Frwy. for Those that Commute. Don't Miss This
Opportunity.
Unit Size
3,218 Ft²
Days on Market
92 days
Land Size
0.16 acres
Price per sqft
$172
Property Type
House
Property Taxes
-
HOA Dues
$158
Year Built
2006
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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: 5 months ago (CRMLS #IV19089929)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 23, 2019 | Sold | ||
| Sold | |||
| Apr 22, 2019 | Listed by KELLER WILLIAMS RIVERSIDE CENT | $555,000 | |
| Listed by KELLER WILLIAMS RIVERSIDE CENT | |||
Property Highlights
Air Conditioning
Fireplace
Garage
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 Lake Hills-Victoria Grove
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: JOANNA WILEY, KELLER WILLIAMS RIVERSIDE CENT
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IV19089929
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IV19089929
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