$515,000
●
House -
Off Market
2557 Dorchester Drive
Riverside, CA 92506
3 Beds
1 Bath,
1
Half Bath
1,746 Ft²
$755,121
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model
About This Property
This home is back on the market again. Ready to sell! Welcome
home to one of the most charming streets in Riverside. This
house is located in the desirable Victoria Woods neighborhood and
features 3 bedrooms, 1.5 baths, living room, dining room, family
room and indoor laundry. Natural hardwood floors accent the decor
along with a brick fireplace and nicely painted walls and crown
molding. Kitchen is fabulous and has been completely
remodeled and features large area for a breakfast table with built
in bench seating. Bathrooms have also been remodeled.
New Milgard windows have been installed so an added feature
of the house is the peace and quiet you feel. You step into the
backyard and will enjoy a setting that features a fenced in pool
with capability of solar heating, a brand new large covered patio,
with canned lighting, terraced down area to Jacuzzi and garden,
grass area and a new large storage shed. The greenery is
beautiful and side yard features citrus trees. The house has
it all! Square footage has been adjusted to proper number
from appraisal.
Unit Size
1,746 Ft²
Days on Market
192 days
Land Size
0.29 acres
Price per sqft
$295
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1956
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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 #IV19026617)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 15, 2019 | Sold | ||
| Sold | |||
| Feb 4, 2019 | Listed by WINDERMERE R.E. TOWER PROP. | $515,000 | |
| Listed by WINDERMERE R.E. TOWER PROP. | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
About Victoria
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Listed by: KATHLEEN HARTMAN, WINDERMERE R.E. TOWER PROP.
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV19026617
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV19026617
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