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3058 Flanders
About This Property
The main residence features a functional layout with vinyl flooring throughout the living room, dining area, hallway, and all four bedrooms. The kitchen and bathrooms have tile flooring for easy maintenance. The kitchen includes tile countertops, ample cabinet space, and is conveniently located next to the dining area. An indoor laundry closet with a stackable washer and dryer adds to the home's everyday convenience.
The backyard provides space to relax or entertain with a covered patio and a large mature tree that offers shade and character to the outdoor area. Whether you enjoy spending time outside, gardening, or hosting family gatherings, the backyard offers a comfortable setting with room to make it your own.
Completed in 2024, the detached ADU offers a modern living space with its own private entrance. Inside, you'll find vinyl flooring throughout, a kitchen with quartz countertops, a stackable washer and dryer, an energy-efficient mini-split heating and cooling system, and a tankless water heater. The ADU is well suited for extended family, guests, university students or faculty, a private home office, or as a potential rental unit where permitted.
Both the main home and the ADU are move-in ready, allowing the next owner to begin enjoying the property immediately. The location places you within close proximity to UCR, making commuting to campus convenient. Shopping centers, restaurants, parks, schools, medical facilities, and major freeways are also nearby, providing easy access to everyday amenities and destinations throughout Riverside and the Inland Empire.
Properties offering a newer detached ADU in this location are not often available. Whether you're searching for a primary residence with additional living space, a home that can accommodate multiple generations, or a property with income-producing potential, this home offers a combination of versatility, convenience, and location. Make this great home, with an ADU yours today!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 18, 2026 | Sold | ||
| Sold | |||
| Aug 4, 2026 | In contract | - | |
| In contract | |||
| Jul 14, 2026 | Listed by Vylla Home, Inc. | $680,000 | |
| Listed by Vylla Home, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017