Listed by: David Stites, eHomes
$552,000
●
House -
Off Market
2890 Lime Street
Riverside, CA 92501
3 Beds
1 Bath
1,567 Ft²
$2,456
Est. Monthly
About This Property
Welcome to 2890 Lime St, a charming 3-bedroom, 1-bath home nestled
on a spacious 9,148 square foot lot in Riverside, CA. This home
boasts numerous updates, including new luxury vinyl plank flooring,
fresh carpet, and dual-pane vinyl windows throughout. The interior
and exterior have been freshly painted, and the home features
updated fans and light fixtures for added comfort. The newly
installed air conditioner and furnace ensure year-round climate
control, while the kitchen is equipped with a brand-new stove and
hood vent. One of the standout features of this property is the
large 12' x 30' basement, conveniently connected to the laundry
room with direct access to the garage. The expansive backyard,
shaded by mature trees, offers plenty of space for outdoor
activities or future landscaping possibilities. Conveniently
located within walking distance to downtown Riverside, Convention
Center, Fox Theater, Mission Inn, Food Lab, and Farmers Market,
with easy access to the 60, 91, and 215 freeways.
Unit Size
1,567 Ft²
Days on Market
44 days
Land Size
0.21 acres
Price per sqft
$319
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1953
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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 #SW24202452)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 13, 2024 | Sold | ||
| Sold | |||
| Oct 12, 2024 | In contract | - | |
| In contract | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
| Sep 30, 2024 | Listed by eHomes | $500,000 | |
| Listed by eHomes | |||
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 Downtown Riverside
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Listed by: David Stites, eHomes
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SW24202452
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SW24202452
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