Listed by: SCOTT TUCKER, PROVIDENCE REALTY
$1,280,000
●
House -
Off Market
2995 Riverside Terrace
Chino, CA 91710
3 Beds
3 Baths
2,480 Ft²
$6,870
Est. Monthly
About This Property
2 parcels! 1023-081-16-0000 includes the residence
1023-081-17-0000 is adjacent to and contiguous with the first parcel.
This single-story pool home with view offers gated entrance, was undergoing a complete remodel- and it is not quite finished!
This home has a new AC/Heat, new 220 panel (ready for solar connection), new electrical wiring/outlets, wired for sound, extended wiring to exterior of home to support 4 cameras, electrical near well, new windows and doors, new copper plumbing throughout, recessed lighting, high ceilings... and more. The Owners made many great, useful features, such as placement of electrical and reconfiguration of rooms and bathrooms. Two "room extensions" were made (unpermitted) to add living space to the home.
The well is functional for exterior watering.
Long, circular driveway, mature trees, fenced backyard with larger, fenced property line, huge front patio with views. Family room with large window and fireplace. Formal living room opens to formal dining room, vaulted ceilings. Huge kitchen space offers double-height ceilings with tons of light and room for a spacious eating area. 3 bedrooms and 3 bathrooms.
1023-081-17-0000 is adjacent to and contiguous with the first parcel.
This single-story pool home with view offers gated entrance, was undergoing a complete remodel- and it is not quite finished!
This home has a new AC/Heat, new 220 panel (ready for solar connection), new electrical wiring/outlets, wired for sound, extended wiring to exterior of home to support 4 cameras, electrical near well, new windows and doors, new copper plumbing throughout, recessed lighting, high ceilings... and more. The Owners made many great, useful features, such as placement of electrical and reconfiguration of rooms and bathrooms. Two "room extensions" were made (unpermitted) to add living space to the home.
The well is functional for exterior watering.
Long, circular driveway, mature trees, fenced backyard with larger, fenced property line, huge front patio with views. Family room with large window and fireplace. Formal living room opens to formal dining room, vaulted ceilings. Huge kitchen space offers double-height ceilings with tons of light and room for a spacious eating area. 3 bedrooms and 3 bathrooms.
Unit Size
2,480 Ft²
Days on Market
88 days
Land Size
1.55 acres
Price per sqft
$564
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 #IV24217884)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 17, 2025 | Sold | ||
| Sold | |||
| Dec 20, 2024 | In contract | - | |
| In contract | |||
| Nov 23, 2024 | Price Decreased |
$1,399,000
↓ $101K
(6.7%) | |
| Price Decreased | |||
| Nov 2, 2024 | Price Decreased |
$1,500,000
↓ $200K
(11.8%) | |
| Price Decreased | |||
| Oct 21, 2024 | Listed by PROVIDENCE REALTY | $1,700,000 | |
| Listed by PROVIDENCE REALTY | |||
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Property Highlights
Air Conditioning
With View
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About San Bernardino
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Listed by: SCOTT TUCKER, PROVIDENCE REALTY
Last Updated: 2 years ago
Data Source: CRMLS, MLS# IV24217884
Last Updated: 2 years ago
Data Source: CRMLS, MLS# IV24217884
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