$260,000
●
Mobile Manufactured -
Off Market
21890 Old Elsinore Road
Perris, CA 92570
3 Beds
2 Baths
1,120 Ft²
$351,467
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model
About This Property
This upgraded mobile home sits on a 1 acre lot and is about 7 miles
from Riverside Community College (about a 10 min drive). A
beautiful shade tree rests in front of the home and the large lot
is a blank canvas for those who love outdoor space! Walking
into the front door you will enter into a nice sized living room,
which is also open to the kitchen, making the home feel spacy and
cozy all at once. The Master Bedroom includes a Master
Bathroom and the room has a large window to fill it with natural
light. There is also another large bedroom and a smaller
bedroom on the opposite side of the Master Bedroom. The small
bedroom could optionally be used for an office. Second
bathroom is in close proximity to the 2 non Master Bedrooms and is
easily accessible for guests. If this place wasn't already a
neat package for those looking for a place to call home, their is a
laundry room inside, easily accessible, with both washer and dryer
hookups available. It's the simple things in life that make
all the difference. Come check it out!
Unit Size
1,120 Ft²
Days on Market
462 days
Land Size
1.07 acres
Price per sqft
$232
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
-
Year Built
1987
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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 #PW19149102)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 28, 2020 | Sold | ||
| Sold | |||
| Oct 1, 2019 | No longer available | - | |
| No longer available | |||
| Sep 28, 2019 | Listed | $260,000 | |
| Listed | |||
| | |||
|
This upgraded mobile home sits on a 1 acre lot and is about 7 miles from Riverside Community College (about a 10 min drive). A beautiful shade tree rests in front of the home and the large lot is a blank canvas for those who love outdoor space! Walking into the front door you will enter into a nice sized living room, which is also open to the kitchen, making the home feel spacy and cozy all at once. The Master Bedroom includes a Master Bathroom and the room has a large window to fill it with natural light. There is also another large bedroom and a smaller bedroom on the opposite side of the Master Bedroom. The small bedroom could optionally be used for an office. Second bathroom is in close proximity to the 2 non Master Bedrooms and is easily accessible for guests. If this place wasn't already a neat package for those looking for a place to call home, their is a laundry room inside, easily accessible, with both washer and dryer hookups available. It's the simple things in life that make all the difference. Come check it out! The manager has listed the unit size as 1120 square feet.
| |||
| Jun 24, 2019 | Listed by Performance Group | $260,000 | |
| Listed by Performance Group | |||
Property Highlights
Fireplace
With View
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 Mead Valley
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Listed by: Michael Garcia, Performance Group
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW19149102
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW19149102
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