$460,000
●
House -
Off Market
1981 Rincon Avenue
Riverside, CA 92506
4 Beds
2 Baths
1,930 Ft²
$743,958
RealtyHop Estimate
58.63%
Since Dec 1, 2017
National-US
Primary Model
About This Property
Welcome to lovely Victoria Woods! Nestled on a quiet tree lined
street, you'll feel as though you're living in the country here.
Built in 1950, this home features classic hardwood flooring in the
living areas and three of the four bedrooms. In the living room the
wood burning fireplace is framed by a classic hearth and mantle
adds to the charm. The corner windows in the dining room, and floor
to ceiling windows looking towards the back give the home a
spacious and bright atmosphere. The kitchen space is open to the
dining and living rooms creating a great family gathering space.
The master bedroom, which was added onto the original home,
features a spacious room, walk in closet and large master bathroom.
The patio just outside the living space has multiple access doors
making it an easily usable space. Outside, this pool sized lot
offers plenty of room to play and enjoy the yard. Although you feel
away from it all surrounded by mature trees and plenty of space,
you really are close all that Riverside has to offer. Downtown,
UCR, Shopping and Freeways are all minutes away and convenient.
Make this home yours today!
Unit Size
1,930 Ft²
Days on Market
28 days
Land Size
0.29 acres
Price per sqft
$243
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1950
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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 #IV17230153)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 3, 2017 | Sold | ||
| Sold | |||
| Oct 6, 2017 | Listed by COLDWELL BANKER RES. BROKERAGE | $469,000 | |
| Listed by COLDWELL BANKER RES. BROKERAGE | |||
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
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Sold On
Sold On
HOA + Taxes
About Victoria
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Listed by: CHARLOTTE MC KENZIE, COLDWELL BANKER RES. BROKERAGE
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV17230153
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV17230153
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