Listed by: LISA ANDRE, COLDWELL BANKER REALTY
$650,000
●
House -
Off Market
2851 Gratton Street
Riverside, CA 92504
3 Beds
2 Baths
1,670 Ft²
$3,187
Est. Monthly
About This Property
Discover the comfort of this 1670 square foot single-story home,
complete with a pool and spa. Located steps away from Historic
Victora Avenue in the heart of Riverside. This residence offers a
3-bedroom layout (which can be easily converted back to 4
bedrooms), 2 bathrooms, a formal living room with a welcoming
fireplace, and a spacious family room with another fireplace
adjacent to the kitchen. Take a dip in your private pool or unwind
in the bubbling spa after a busy day. The gated RV parking provides
plenty of room for recreational vehicles. Located in a
commuter-friendly area, close to schools, parks, shopping, and
dining, this property captures the essence of Riverside living.
Enjoy having no HOA fees or Mello-Roos taxes. Don't miss this
fantastic opportunity to own a pool home in a sought-after
neighborhood, that is steps away from Historic Victoria Avenue.
Schedule your viewing today!
Unit Size
1,670 Ft²
Days on Market
66 days
Land Size
0.16 acres
Price per sqft
$389
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1976
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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 years ago (CRMLS #IV24200285)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 6, 2024 | Sold | ||
| Sold | |||
| Nov 12, 2024 | In contract | - | |
| In contract | |||
| Oct 30, 2024 | Price Decreased |
$649,000
↓ $30K
(4.4%) | |
| Price Decreased | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
| Oct 1, 2024 | Listed by COLDWELL BANKER REALTY | $679,000 | |
| Listed by COLDWELL BANKER REALTY | |||
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 Presidential Park
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Listed by: LISA ANDRE, COLDWELL BANKER REALTY
Last Updated: 2 years ago
Data Source: CRMLS, MLS# IV24200285
Last Updated: 2 years ago
Data Source: CRMLS, MLS# IV24200285
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