2373 Arroyo Drive
About This Property
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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%.
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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.
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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 9, 2024 | Sold | ||
| Sold | |||
| Jul 9, 2024 | Listed by BETTER HOMES AND GARDENS REAL ESTATE CHAMPIONS | $999,000 | |
| Listed by BETTER HOMES AND GARDENS REAL ESTATE CHAMPIONS | |||
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This is an incredibly rare 1966 single level ranch home on Riverside’s prestigious Arroyo Drive. This home has been extensively remodeled and is located on a premium, nearly half acre lot, overlooking the Victoria Club Golf Course. My favorite aspect of this property is this incredible location. From nearly every room in the house you can enjoy views of both the pristine golf course and rugged hillsides, which combined, make up one of the most beautiful private outdoor spaces in the city. The Victoria Club was developed in 1903 within Riverside’s largest Arroyo which was and still is, a natural watershed and important wildlife corridor. Perched on the bluff of this wooded arroyo you can enjoy the sunrise over the box springs mountains and watch the many species of birds and animals that have also made their homes in this gorgeous natural habitat. Enjoy the Rubidoux fireworks and stunning sunsets from the privacy of your back balcony. The kitchen features ample custom cabinetry, top of the line appliances and some modern design choices like a floating glass bar-top and metallic accent cabinet doors. The Primary suite is an incredibly comfortable space with private access to two separate patios, floor to ceiling windows with electric window shades. Don't miss this chance to buy a home on this side of Arroyo, call to set up your showing today! CLICK THE SUPPLEMENT TAB FOR A LIST OF HOME IMPROVEMENTS COMPLETED SINCE 7/2020.
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| Jun 30, 2020 | Sold | ||
| Sold | |||
| Jun 11, 2020 | Listed by COLDWELL BANKER REALTY | $724,900 | |
| Listed by COLDWELL BANKER REALTY | |||
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About Victoria
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$3,200 /mo
- 3 Beds
- 1 Bath
- 1,120 ft²
$2,250 /mo
- 2 Beds
- 2 Baths
- 965 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017