$353,100
●
House -
Off Market
2922 Monroe Street
Riverside, CA 92504
4 Beds
2 Baths
1,969 Ft²
$548,288
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model
About This Property
Spacious single story home across from Don Derr Park in Riverside,
in a friendly neighborhood. Open and spacious floor plan and
there is a fun bonus room off the entry and garage. HUD Home Sold As Is. Property is NOT located in a FEMA Special Flood Hazard Area but is listed as a moderate to low flood risk. Please refer to FloodSmart for additional information regarding flood zones and insurance, State law requires Carbon Monoxide detectors be installed for properties having combustible fuel heaters/furnaces, fireplaces, hot water heaters,
clothes dryers, cooking appliances, or an attached garage, but seller (HUD) is exempt from this requirement as a Federal Entity.
there is a fun bonus room off the entry and garage. HUD Home Sold As Is. Property is NOT located in a FEMA Special Flood Hazard Area but is listed as a moderate to low flood risk. Please refer to FloodSmart for additional information regarding flood zones and insurance, State law requires Carbon Monoxide detectors be installed for properties having combustible fuel heaters/furnaces, fireplaces, hot water heaters,
clothes dryers, cooking appliances, or an attached garage, but seller (HUD) is exempt from this requirement as a Federal Entity.
Unit Size
1,969 Ft²
Days on Market
83 days
Land Size
0.16 acres
Price per sqft
$174
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 #IG17096164)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 24, 2017 | Sold | ||
| Sold | |||
| May 2, 2017 | Listed by Keller Williams Realty | $343,000 | |
| Listed by Keller Williams Realty | |||
Property Highlights
Air Conditioning
Fireplace
Garage
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
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Sold On
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HOA + Taxes
About Presidential Park
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Joseph Iuliucci, Keller Williams Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IG17096164
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IG17096164
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