1
Map
$540,000
●
House -
Off Market
3436 Mono Drive
Riverside, CA 92506
4 Beds
3 Baths
2,069 Ft²
$709,693
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model
About This Property
Darling two story pool home in the heart of the Magnolia Center
area of Riverside. Ez access to everything and walking distance to
the Plaza. Well cared for inside and out with very nice curb
appeal. It has a new roof and a number of freshly painted
interior rooms. Through the front door, you'll see a nice
size living room with fireplace, which leads to an updated kitchen
with a cute breakfast nook. There's also a spacious family
room which makes this home ideal for entertaining. The downstairs
features three bedrooms, one with a private bath. Upstairs is the
master bedroom with large bath area and a walk in closet which
makes this a true master retreat. It also has it's own separate AC
& Heating unit. The backyard is highlighted by a sparkling
pool & spa that can be fenced off (seller has the fence), a Bball
court, and a grass area. This one has it all.
Unit Size
2,069 Ft²
Days on Market
48 days
Land Size
0.20 acres
Price per sqft
$254
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1952
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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: 4 months ago (CRMLS #IV20159257)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 24, 2020 | Sold | ||
| Sold | |||
| Aug 7, 2020 | Listed by DRAKE PROPERTIES & MANAGEMENT | $525,000 | |
| Listed by DRAKE PROPERTIES & MANAGEMENT | |||
Property Highlights
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 Magnolia Center
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Listed by: WALLY DRAKE, DRAKE PROPERTIES & MANAGEMENT
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV20159257
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV20159257
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