3592 Elmwood Drive
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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%.
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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 |
|---|---|---|---|
| Mar 3, 2025 | Sold | ||
| Sold | |||
| Feb 1, 2025 | Listed by Re/Max Partners | $699,900 | |
| Listed by Re/Max Partners | |||
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Incredible, Single Story Mid-Century Modern located in the Historic Wood Streets of Riverside has come to the market! This will amaze even the pickiest of buyers. Located on a corner lot tucked away off of Magnolia, you find this 3 bedroom and 2 bath home with every upgrade imaginable. With just under 1500 square feet, this home has an eye catching curb appeal to include all new grass, custom walkways, added parking and a beautiful water fountain all in front. Walk into this home and be amazed by the original wood flooring that has been restored to perfection and the crown moulding and high baseboards throughout the home. Land into the Family room that includes a brick gas fireplace with a marble hearth. The dining room is just off the Family room and features new lighting and large views of the neighborhood. Make your way into the newly remodeled kitchen and find custom soft close cabinetry with undermount lighting, quartz countertops, custom subway tile backsplash, a Farmhouse sink and all new Kitchenaid stainless steel appliances. Just off the Kitchen, you will find the laundry area and the kitchen pantry with access to the gorgeous backyard. The master bedroom and the 2 additional guest rooms are just off the hallway. Both bathrooms have been completely remodeled to perfection. Make your way out back and find all brand new hardscape and a low maintenance yard with a 2023 CalSpa hot tub with seating for 8 surrounded by Trex decking. The covered patio makes it easy to host an Al Fresco meal. The covered walkway leads to the detached, 4 car, dual stacked garage. Beautiful new garage door has been added with the MyQ wifi capabilities. This home is fully automated to include Nest Thermostat, Ring Doorbell and cameras, smoke detectors, Orbit B-hyve sprinkler timer, Lutron Smart lighting, Bond Smart fan in patio, August Smart lock and Hubspace landscape lighting. Location is everything! This home is located a few blocks away from Riverside City College, the Historic Mission Inn and the entertaining downtown, the Riverside Plaza and the breathtaking Rubidoux Mountain and Ryan Bonamino Sports Park. Shopping, churches and highly rated schools are all within a mile away. This home won't last! Come visit us soon! Thank you!
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| Sep 15, 2017 | Sold | ||
| Sold | |||
| Jul 10, 2017 | Listed by Re/Max Partners | $419,900 | |
| Listed by Re/Max Partners | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017