$386,000
●
Condo -
Off Market
2255 El Capitan Drive
Riverside, CA 92506
3 Beds
1 Bath,
1
Half Bath
1,789 Ft²
$565,915
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model
About This Property
A View of the Valley and Downtown Riverside! Rarely does a
condo of this artistic caliber come on the market. This home was
remodeled to perfection opening walls and creating a open airy
feel. This private gated community of Sunset Ridge sits on
the ridge of a hill with sweeping views! Saltillo tiles, cork
flooring, Shaker/Mission style cabinetry and built-ins abound in
this home. A super spacious gourmet, craftsman style kitchen with
hard to find custom details. Newer sliders and glass doors take
advantage of the view. A ledger rock fireplace, interior laundry
area, and much more. The Master bedroom is positioned to take
advantage of the view while the Master Bathroom has been remodeled
with walk in shower. Extensive built-ins, and custom lighting
add to the drama of this home. Each bathroom has custom Santa
Fe style wood cabinets with Talavera-style sink. A private walkway
leads to interior courtyard that is perfect for entertaining with
an additional small patio in the rear yard. This complex hosts 2
pools and 2 tennis courts. This home you could shut the door and
leave. It is so low maintenance.
Unit Size
1,789 Ft²
Days on Market
135 days
Land Size
0.06 acres
Price per sqft
$222
Property Type
Condo
Property Taxes
-
HOA Dues
$325
Year Built
1972
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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 #IV19272477)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 10, 2020 | Sold | ||
| Sold | |||
| Nov 27, 2019 | Listed by WINDERMERE R.E. TOWER PROP. | $398,000 | |
| Listed by WINDERMERE R.E. TOWER PROP. | |||
Property Highlights
Air Conditioning
Fireplace
Garage
Parking Details
Has Garage
Attached Garage
Parking Features: Driveway
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: SeparateFormalDiningRoom, AllBedroomsUp, FrenchDoorsAtriumDoors
Flooring Type: See Remarks, Tile
Door Features: AtriumDoors
Laundry Features: Inside, Laundry Room
Has Fireplace
Fireplace Features: Living Room
Exterior Details
Has Property Attached
Square Footage: 1789
Year Built Source: Assessor
Year Built: 1972
Levels: Two
Pool Features: In Ground, Association
Lot Size Area: 2614
Lot Size Units: Square Feet
Lot Size Acres: 0.06
Lot Size Square Feet: 2614
Tax Lot: 14
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Pool, Spa/Hot Tub, Tennis Court(s)
HOA Fee: $325
HOA Fee Frequency: Monthly
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/27/2019
| |
3 Bed
|
1 Bath
|
1789 ft²
|
$398,000
3 Bed
1 Bath
1789 ft²
|
$386,000
-3.02%
04/10/2020
|
COLLETTE LEE
WINDERMERE R.E. TOWER PROP.
|
Building Info
About Canyon Crest
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Listed by: COLLETTE LEE, WINDERMERE R.E. TOWER PROP.
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV19272477
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV19272477
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