2242 Oak Crest Drive
About This Property
From the moment you arrive, the gently terraced front yard, manicured landscaping, and mature trees set the stage for a peaceful suburban retreat. Step inside to find a warm and inviting interior featuring a stone fireplace, rich wood finishes, and a layout that flows beautifully for everyday living and entertaining. The formal living and dining rooms boast elegant finishes, while the vaulted wood-beamed ceilings in the family room add a dramatic lodge-like feel. The chef's kitchen includes stainless steel appliances, a gas cooktop, double ovens, a breakfast bar, and a sunny garden window looking out to the lush backyard. Two spacious primary suites-one with private French door access to a patio-offer flexibility for multigenerational living. A dedicated home office/library with built-in shelving is perfect for remote work or homeschooling.
Outside features include:
Sparkling pool with diving board and waterslide;
Covered patios, open deck spaces, and pergola lounge-ideal for entertaining;
Separate workshop/storage unit with ADU potential for guests, income, or creative use;
RV parking and long driveway-bring your toys without sacrificing space;
Surrounded by towering trees and layered landscaping for maximum privacy and a resort-like feel.
This tranquil property is located in the heart of the Victoria neighborhood, known for its quiet streets, vintage charm, and easy access to everything Riverside has to offer. Just minutes from Alcott Elementary, Gage Middle, Poly High, Downtown Riverside, shopping centers, dining, business districts, and major freeways.
Homes like this-with usable land, flexible living spaces, and undeniable charm-rarely hit the market. Schedule your private tour today!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 22, 2025 | Sold | ||
| Sold | |||
| Jul 5, 2025 | In contract | - | |
| In contract | |||
| Jun 17, 2025 | Listed by Berkshire Hathaway Homeservices California Realty | $799,000 | |
| Listed by Berkshire Hathaway Homeservices California Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017