3096 Panorama Road #A
About This Property
The manager has listed the unit size as 1023 square feet.
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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%.
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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 |
|---|---|---|---|
| Jul 24, 2025 | Sold | ||
| Sold | |||
| Jul 10, 2025 | In contract | - | |
| In contract | |||
| Jun 22, 2025 | Listed | $328,000 | |
| Listed | |||
| | |||
|
Beautifully Upgraded single story 2 Bed / 2 Bath Condo in Prime Riverside Location. Located in the highly sought-after Poly High District. Just steps from Riverside City College (RCC), this stunning 2 bedroom, 2 bathroom condo features a fully upgraded interior with: Modern kitchen with quartz countertops and updated appliances. Renovated bathrooms. Upgraded flooring throughout. Home includes a newly installed Mini Split air system, with upgraded windows. Private patio with gated entry. Situated in a well-maintained gated community. HOA covers water, trash, sewer, and landscaping. Enjoy peace of mind and convenience in one of Riverside’s most desirable neighborhoods—perfect for retirees, students, professionals, or investors. Don’t miss out on this move-in ready home close to schools, shopping, dining, and freeway access!
| |||
| Aug 20, 2022 | No longer available | - | |
| No longer available | |||
| Aug 6, 2022 | In contract | - | |
| In contract | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/06/2025
|
2 Bed
|
1 Bath
|
1023 ft²
|
$320,000
2 Bed
1 Bath
1023 ft²
|
$313,000
-2.19%
11/03/2025
|
LISA ANDRE
COLDWELL BANKER REALTY
| |
|
06/22/2025
|
2 Bed
|
2 Bath
|
1023 ft²
|
$328,000
2 Bed
2 Bath
1023 ft²
|
$340,000
+3.66%
07/24/2025
|
KYLE CLARK
KW VISION
| |
|
06/08/2022
|
2 Bed
|
2 Bath
|
1023 ft²
|
$299,900
2 Bed
2 Bath
1023 ft²
|
-
-
|
Nora De La Torre
Top Producers Realty
|
Building Info
About Magnolia Center
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017