1
Map
$405,000
●
House -
Off Market
3868 Bandini Avenue
Riverside, CA 92506
2 Beds
1 Bath
1,218 Ft²
$604,346
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model
About This Property
Location-Location-Location! Historic Wood Streets charmer located
on a beautiful tree lined street. Sit out on the shady front porch
and enjoy all the neighborhood scenery. This 2 bedroom home
includes an office that could be used as a 3rd bedroom. A lot of
the original charm has been left intact, yet there have been recent
improvements that add to the appeal. The kitchen has granite
counters, mosaic glass tile back-splash and new laminate flooring.
The bathroom has also been recently remodeled. Other features and
amenities include fresh interior paint, ceiling fans in all rooms,
built-ins in the office, an indoor laundry room and a basement for
additional storage or a man cave. The shaded .27 acre lot offers
plenty of room to add on in the future, and is perfect for outdoor
entertaining. There is a covered pergola that is great for
barbecuing in the Summer, or sitting around the fire pit on chilly
Fall evenings. Located close to shopping, dining, schools and the
Riverside Community College campus.
Unit Size
1,218 Ft²
Days on Market
64 days
Land Size
0.27 acres
Price per sqft
$328
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1915
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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: 5 months ago (CRMLS #IV18210021)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Dec 23, 2020 | In contract | - | |
| In contract | |||
| Dec 23, 2020 | Price Increased |
$520,000
↑ $80K
(18.2%) | |
| Price Increased | |||
| Dec 14, 2020 | Listed | $440,000 | |
| Listed | |||
| | |||
|
Amazing Location- Historic Wood Streets! Staying home just got so much better~ This Craftsman style home, with a large front porch, huge backyard, original wood floors, and inside laundry, is everything you could ask for, all on a lovely tree lined street. Close to downtown, Riverside City College, and the Plaza shopping center, this spacious 2 bedroom home also has a 3rd room with built in cabinetry- perfect for a home office, game room, hobbies, the list goes on! Updated kitchen and bath both feature newer fixtures, cabinetry, and granite countertops. Head out back to enjoy gardening, BBQing, relaxing under the string lights, or watching sports in your outdoor living space, complete with built in fire pit. For all of your storage needs, there is a shed and basement area, perfect for seasonal and outdoor extras. You'll never want to leave this home. The manager has listed the unit size as 1218 square feet.
| |||
| Oct 31, 2018 | Sold | ||
| Sold | |||
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Property Highlights
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Wood Streets
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Listed by: LISA ANDRE, COLDWELL BANKER RES. BROKERAGE
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IV18210021
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IV18210021
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