$429,000
●
House -
Off Market
3631 Van Buren Boulevard
Riverside, CA 92503
4 Beds
0 Bath
1,814 Ft²
$613,475
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model
About This Property
This 2 story home has been held by one family since being built and
is currently used as a rental. It is a 4 bed 2 bath 1814 Sq. Ft.
home on nearly a half-acre lot with a variety of fruit trees. The
home is situated on the front of the large lot a with a private
yard between the home and a 2 car garage with an extended work shop
then on to the rear portion of the lot which is all trees. This lot
has many options including those of commercial needs. The home has
been well cared for and is in original design with lots of
modernizing options. The driveway is gated and extends the length
of the developed portion of the lot. This home is one of 3
connected properties being offered at this time. Currently leased
out month to month.
Unit Size
1,814 Ft²
Days on Market
84 days
Land Size
0.45 acres
Price per sqft
$236
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1942
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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 #PW19279003)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 2, 2020 | Sold | ||
| Sold | |||
| Dec 9, 2019 | Listed by Keller Williams Pacific Estate | $429,000 | |
| Listed by Keller Williams Pacific Estate | |||
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 Arlington
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Steven Nottingham, Keller Williams Pacific Estate
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW19279003
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW19279003
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