$475,000
●
House -
Off Market
1979 Elsinore Road
Riverside, CA 92506
3 Beds
2 Baths,
1
Half Bath
2,725 Ft²
$761,407
RealtyHop Estimate
58.63%
Since Dec 1, 2017
National-US
Primary Model
About This Property
Reduced Victoria Woods single story. Mid-Century Modern. One
of a kind home built by the developer of Victoria Woods.
Original with the exception of the kitchen being updated in
the late 1980's. This 3 bedroom home was built for entertaining
with a central bar located in family room next to living room. In
the living room a Palos Verde rock fireplace is the focal point
with the adjacent dining room area big enough for a large dining
set. The home has been well maintained and been freshly painted.
The separate garage is oversized with work bench. The
back yard is lush and private and a patio area provides space
enjoying the outdoors. One of the bedrooms is super sized and is
large enough for two bedrooms. This home is special and is a
one owner home ready for your personal touches to make it yours!
Unit Size
2,725 Ft²
Days on Market
87 days
Land Size
0.30 acres
Price per sqft
$176
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1961
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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 #IV17197271)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 20, 2017 | Sold | ||
| Sold | |||
| Sep 2, 2017 | Listed | $517,000 | |
| Listed | |||
| | |||
|
Victoria Woods single story. Mid-Century Modern. One of a kind home built by the developer of Victoria Woods. Original with the exception of the kitchen being updated in the late 1980's. This 3 bedroom home was built for entertaining with a central bar located in family room next to living room. In the living room a Palos Verde rock fireplace is the focal point with the adjacent dining room area big enough for a large dining set. The home has been well maintained and been freshly painted. The separate garage is oversized with work bench. The back yard is lush and private and a patio area provides space enjoying the outdoors. One of the bedrooms is super sized and is large enough for two bedrooms. This home is special and is a one owner home ready for your personal touches to make it yours! Contact Collette at Windermere Tower at 951-961-3667. The manager has listed the unit size as 2725 square feet.
| |||
Property Highlights
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 Victoria
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Listed by: COLLETTE LEE, WINDERMERE R.E. TOWER PROP.
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV17197271
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV17197271
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