$599,000
●
House -
Off Market
3347 Spring Garden Street
Riverside, CA 92501
3 Beds
2 Baths
1,470 Ft²
$2,942
Est. Monthly
About This Property
Nice Home in Riverside
Unit Size
1,470 Ft²
Days on Market
85 days
Land Size
0.16 acres
Price per sqft
$407
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1954
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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 #IV25026516)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 1, 2025 | Sold | ||
| Sold | |||
| Feb 5, 2025 | Listed by REALTY MASTERS & ASSOCIATES | $599,000 | |
| Listed by REALTY MASTERS & ASSOCIATES | |||
| Dec 17, 2024 | Sold | ||
| Sold | |||
| Dec 4, 2024 | Listed by HomeSmart, Evergreen Realty | $350,000 | |
| Listed by HomeSmart, Evergreen Realty | |||
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Absolutely incredible cosmetic FIXER investment opportunity in Riverside. Located on a quiet, serene, and beautiful street, this property is ideal with phenomenal school districts, shopping, and restaurants nearby. Nestled in a beautiful residential community and accompanied with privacy and tranquility, you'll absolutely love the location and opportunity for this investment. The curb side appeal is picturesque, and the landscaping is meticulously cared for. The home is very original but nice enough to move in immediately and make it your own. It boasts a total of approx. 1470 sq ft (1120 sq ft for the home and the add on is about 350 sq ft). This home is a blank canvas ready for sweat equity or an ideal investment for an investor. The backyard is large and spacious and ready for BBQ'ing, entertaining, and a pool. Not many properties can you move in and make it your own and/or fix it up for an investment. The bones are incredible and the opportunity for someone is through the roof. Words and pictures can never convey the potential and beauty this home and community have to offer, come and see for yourself!!
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Property Highlights
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Northside
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Listed by: AMANDA RIOS, REALTY MASTERS & ASSOCIATES
Last Updated: 2 years ago
Data Source: CRMLS, MLS# IV25026516
Last Updated: 2 years ago
Data Source: CRMLS, MLS# IV25026516
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