2160 Falcon Crest Drive
About This Property
The spacious family room features a cozy fireplace and flows seamlessly into the kitchen and breakfast nook, creating a comfortable setting for both everyday living and entertaining. Sliding glass doors open to a low-maintenance backyard with two concrete patios, perfect for relaxing, hosting gatherings, or enjoying Southern California evenings. The kitchen offers ample cabinetry and convenient direct access to the garage, while a main-floor powder bathroom adds functionality for guests.
Upstairs, the primary suite provides a peaceful retreat with plantation shutters, ceiling fan, and an en-suite bathroom complete with dual sinks and linen storage. Two additional bedrooms and a full bathroom complete the upper level, offering comfortable space for family, guests, or a home office setup.
Situated on a desirable corner lot just steps from oversized guest parking, this home is part of a community that features a fenced pool and spa for residents to enjoy, as well as RV/Trailer parking. Conveniently located near local parks, shopping centers, dining options, and everyday essentials, with easy access to major commuter routes including the 91 Freeway. The property is also located near Polytechnic High School and other well-rated Riverside Unified schools.
Offering comfort, natural light, and a prime location close to everything Riverside has to offer, this is a wonderful opportunity to own a bright and welcoming home in an established neighborhood.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 14, 2026 | Sold | ||
| Sold | |||
| Mar 3, 2026 | In contract | - | |
| In contract | |||
| Feb 17, 2026 | Listed by Fiv Realty Co. | $588,800 | |
| Listed by Fiv Realty Co. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017