$615,000
●
House -
Off Market
2176 Ranchwood Place
Riverside, CA 92506
4 Beds
2 Baths
1,881 Ft²
$723,563
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model
About This Property
ENTERTAINER'S DELIGHT! Don't miss this beautiful single story
4-bedroom 2-bath pool home located in Riverside's lovely Canyon
Crest area. The spacious and open floor plan creates a cozy and
inviting atmosphere. Ceramic tile flooring and dual pane windows
throughout. The original den was converted to a fourth bedroom.
From the entryway you step down into the open living and dining
room which offer natural light. The kitchen offers
slide-out shelving, recessed lighting and opens into the large family room with cathedral ceiling, fireplace, breakfast bar and recessed lighting. The family
room opens onto the large covered patio featuring a built-in bar, ceiling fans, misters, and tv's. The backyard has a fenced pool and an above-ground spa. There are leased solar panels installed in 2017 on the roof connected to the HVAC unit, stove and the home electricity. There is a large side yard and RV parking in front. New outside paint and backyard fencing. Sellers will include most of the Patio furniture, heaters, blinds, misters and 5 TVs if buyer wants them. Buyer can choose to assume the solar lease or not.
slide-out shelving, recessed lighting and opens into the large family room with cathedral ceiling, fireplace, breakfast bar and recessed lighting. The family
room opens onto the large covered patio featuring a built-in bar, ceiling fans, misters, and tv's. The backyard has a fenced pool and an above-ground spa. There are leased solar panels installed in 2017 on the roof connected to the HVAC unit, stove and the home electricity. There is a large side yard and RV parking in front. New outside paint and backyard fencing. Sellers will include most of the Patio furniture, heaters, blinds, misters and 5 TVs if buyer wants them. Buyer can choose to assume the solar lease or not.
Unit Size
1,881 Ft²
Days on Market
35 days
Land Size
0.28 acres
Price per sqft
$316
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1974
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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: 8 months ago (CRMLS #IV21041807)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 27, 2021 | Sold | ||
| Sold | |||
| Mar 2, 2021 | Listed by COLDWELL BANKER ASSOC BRKR/MEN | $595,000 | |
| Listed by COLDWELL BANKER ASSOC BRKR/MEN | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Canyon Crest
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Listed by: Krista Dixon, COLDWELL BANKER ASSOC BRKR/MEN
Last Updated: 8 months ago
Data Source: CRMLS, MLS# IV21041807
Last Updated: 8 months ago
Data Source: CRMLS, MLS# IV21041807
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