$160,000
●
House -
Off Market
370 W 6th Street
Perris, CA 92570
2 Beds
1 Bath
858 Ft²
$254,736
RealtyHop Estimate
54.85%
Since Apr 1, 2018
National-US
Primary Model
About This Property
Located within walking distance of charming, historical Perris,
this home is on a large lot. So much potential here. Roomy
living area with adjacent kitchen,. Fully fenced large lot
offers room for garden and play area. Detached garage.
Come and see the opportunities here.
Unit Size
858 Ft²
Days on Market
63 days
Land Size
0.17 acres
Price per sqft
$192
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1946
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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 #CV18001912)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 12, 2024 | Sold | ||
| Sold | |||
| Oct 4, 2024 | In contract | - | |
| In contract | |||
| Sep 5, 2024 | Price Decreased |
$479,900
↓ $20K
(4%) | |
| Price Decreased | |||
| Jun 20, 2024 | Listed by RE/MAX ONE | $499,900 | |
| Listed by RE/MAX ONE | |||
| | |||
|
OPPORTUNITY KNOCKS! PRICE REDUCTION!! DON'T MISS OUT!!!This property presents an excellent opportunity, whether you're a first-time buyer or an investor looking to expand your portfolio. Featuring three bedrooms and two baths, it was tastefully rehabbed in 2018, which means you can expect modern updates and potentially lower maintenance costs. The addition of dual pane windows enhances energy efficiency and comfort. Its proximity to shops and restaurants adds convenience and potential for future value appreciation, making it attractive for both personal living and rental income purposes. Overall, this property combines practical upgrades with a strategic location, offering a promising investment or home ownership opportunity.
| |||
| Mar 7, 2018 | Sold | ||
| Sold | |||
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Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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HOA + Taxes
About Downtown Perris
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Listed by: HEIDI BURNS, REAL LIVING PROPERTIES UNLMTD
Last Updated: 4 months ago
Data Source: CRMLS, MLS# CV18001912
Last Updated: 4 months ago
Data Source: CRMLS, MLS# CV18001912
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