$435,000
●
House -
Off Market
2595 Falling Oak Drive
Riverside, CA 92506
3 Beds
2 Baths,
1
Half Bath
1,643 Ft²
$644,864
RealtyHop Estimate
51.77%
Since Dec 1, 2018
National-US
Primary Model
About This Property
Well situated in the heart of Riverside, this single story home was
built in 1977 with 1,643 sq ft of living area plus a 3 car attached
garage and sits on a 12,632 square foot lot. Note the long
driveway with pavers. Follow the brick walkway to the front
door then step down from the double door entry into the formal
living room and dining area combination. Remodeled kitchen
with newer cabinets and granite counters and wood flooring plus an
eat-in breakfast nook. Cozy fireplace in family room. Guest bath of
off the family room. Master bedroom has double mirrored closets and
built in vanity area and its own bathroom. The secondary
bedrooms share the hall bath. Bedroom #2 has mirrored wardrobe
doors and Bedrooms #3 has built-in upper cabinets and was used as a
home office. Large fully landscaped lot. "Under roof" patio with
ceiling fan. Central heat and air and several ceiling fans.
Unit Size
1,643 Ft²
Days on Market
85 days
Land Size
0.29 acres
Price per sqft
$259
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1977
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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 #IV18202387)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 6, 2018 | Sold | ||
| Sold | |||
| Aug 13, 2018 | Listed by COLDWELL BANKER RES. BROKERAGE | $424,900 | |
| Listed by COLDWELL BANKER RES. BROKERAGE | |||
Property Highlights
Air Conditioning
Fireplace
Garage
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 Hawarden Hills
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Listed by: KAREN TURNER, COLDWELL BANKER RES. BROKERAGE
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV18202387
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV18202387
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