$600,000
●
House -
Off Market
2944 David Street
Riverside, CA 92506
3 Beds
2 Baths
1,167 Ft²
$2,947
Est. Monthly
About This Property
Super cool opportunity for first time homebuyers to live in this
lovely renovated pool home with a little bit of 1950s retro feel.
There has been an almost complete renovation with a new roof
This single story home has beautiful hardwood floor,
new roof with an open light-filled floor plan that is perfect for
living and entertaining. A lovey permitted,180 sf screened in
porch allow for extra enjoyable outdoor living space along with a
sparkling free-form pool. This freshly painted interior
and exterior along with remodeled bathrooms really create a
good feeling. The kitchen has original retro-working
appliances that are so cool and add an artistic flair. Mature trees
grace this property along wiht a spackling pool and provide
privacy. The location is outstanding close to
Elementary and Middle school, so children could walk to
school. Shopping is close along with freeway accessibility. This
one wont last!
Unit Size
1,167 Ft²
Days on Market
53 days
Land Size
0.18 acres
Price per sqft
$514
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1955
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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 #IV24238268)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 14, 2025 | Sold | ||
| Sold | |||
| Dec 26, 2024 | In contract | - | |
| In contract | |||
| Dec 26, 2024 | Price Increased |
$600,000
↑ $30K
(5.3%) | |
| Price Increased | |||
| Dec 22, 2024 | Price Decreased |
$569,900
↓ $15K
(2.6%) | |
| Price Decreased | |||
| Nov 22, 2024 | Listed by Tower Agency | $584,900 | |
| Listed by Tower Agency | |||
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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Currently no similar homes aroundNearby Rentals
Listed by: COLLETTE LEE, Tower Agency
Last Updated: 2 years ago
Data Source: CRMLS, MLS# IV24238268
Last Updated: 2 years ago
Data Source: CRMLS, MLS# IV24238268
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