$799,900
●
House -
Off Market
2445 Knob Hill Drive
Riverside, CA 92506
4 Beds
2 Baths
2,250 Ft²
$3,904
Est. Monthly
About This Property
VICTORIA WOODS- KNOB HILL- All the way at the top of Knob Hill
Drive set along the ridgeline is this eclectic Mid-Century Rambling
Ranch with unobstructable and spectacular views of the City and
entire Valley to the mountains! Formal Living room with
fireplace and large floor to ceiling picture window; Formal dining
room with access to the terrace; Spacious family room with wood
beamed vaulted ceiling; Remodeled kitchen with granite
counter-tops, stainless steel appliances, walk-in pantry and
breakfast room; Split floor plan with two bedrooms and a bath
at each end; Separate workshop space and storage room off the
back of the two-car garage; Beautiful grounds with mature
trees and landscaping with several areas from which to enjoy the
amazing views. Recent upgrades include all new copper plumbing, all
new hardwood flooring and new heating and Air-conditioning.
Surrounded by multi-million dollar estates, this property holds much upside potential for a sophisticated buyer!
Surrounded by multi-million dollar estates, this property holds much upside potential for a sophisticated buyer!
Unit Size
2,250 Ft²
Days on Market
146 days
Land Size
0.33 acres
Price per sqft
$353
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1950
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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: 2 months ago (CRMLS #IV24092818)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 2, 2024 | Sold | ||
| Sold | |||
| Sep 13, 2024 | In contract | - | |
| In contract | |||
| May 9, 2024 | Listed by COMPASS | $795,000 | |
| Listed by COMPASS | |||
Property Highlights
Garage
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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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 Victoria
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Listed by: BRAD ALEWINE, COMPASS
Last Updated: 2 months ago
Data Source: CRMLS, MLS# IV24092818
Last Updated: 2 months ago
Data Source: CRMLS, MLS# IV24092818
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