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2275 Cordillera Avenue
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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 |
|---|---|---|---|
| Aug 30, 2024 | Sold | ||
| Sold | |||
| May 16, 2024 | Listed by REDFIN | $625,000 | |
| Listed by REDFIN | |||
| | |||
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Fall in love with the many features of this beautiful home with its RV parking, low maintenance landscaping and peaceful views. Living in Reche Canyon will be on your new must have wish list with all the picturesque surroundings. Nestled in the hills of Riverside County, the area offers beautiful views of the surrounding mountains and canyons, providing a serene and peaceful living environment. Featured is the .52-acre property that greets you as your enter into a beautifully updated single-story residence. 3 bedrooms and 2 baths with an open floor plan is accentuated by a modernized kitchen adorned with granite countertops. The inviting living room features a cozy fireplace. The primary bedroom boasts an ensuite bathroom and a walk-in closet, adding a touch of luxury to your daily routine. Reche Canyon offers a more rural and suburban atmosphere with larger lots and open spaces. A well-balanced lifestyle is for the asking with this location. Enjoy gardening, outdoor activities, hiking, biking, and horseback riding are just a few of the many attractions Reche Canyon lifestyle offers. Surrounded by Loma Linda University, University Medical Center, and the VA Hospital or The nearby Box Springs Mountain Reserve and Lake Perris State Recreation Area that provide additional options for outdoor enthusiasts you will appreciate the quality and culture this area will bring to your life.
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| Sep 28, 2018 | Sold | ||
| Sold | |||
| May 31, 2018 | Listed by MURRAY REAL ESTATE | $350,000 | |
| Listed by MURRAY REAL ESTATE | |||
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About Reche Canyon
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017