$307,000
●
House -
Off Market
3950 Witt Avenue
Riverside, CA 92501
3 Beds
1 Bath
1,122 Ft²
$475,405
RealtyHop Estimate
54.85%
Since Apr 1, 2018
National-US
Primary Model
About This Property
TURNKEY HOME!
This newly painted and updated home has an open floor plan and is conveniently located close to area schools, dining, shopping, and the freeway. The front yard features brick planters and a small covered porch. The first thing you notice when entering the house is the open living room with original wood floors throughout, new dual pane windows, and natural light. The living room opens into the dining area and kitchen with new laminate floor and tile counters. The new remodeled bathroom features tile counters, new toilet, laminate flooring, and fixtures. The first and second bedrooms have built-ins and wooden closets. The hall features a built-in linen closet. The third bedroom has new carpet, paneling and slider. New dual pane windows, interior and exterior paint, fixtures, and ceiling fans throughout.
The back door leads to the patio area which has a wood covering and block walls. The large backyard features a gated side yard, several mature pecan trees, block walls and chain link fences.
THIS HOME WILL GO FAST, SO PLEASE COME BY TO SEE IT!
This newly painted and updated home has an open floor plan and is conveniently located close to area schools, dining, shopping, and the freeway. The front yard features brick planters and a small covered porch. The first thing you notice when entering the house is the open living room with original wood floors throughout, new dual pane windows, and natural light. The living room opens into the dining area and kitchen with new laminate floor and tile counters. The new remodeled bathroom features tile counters, new toilet, laminate flooring, and fixtures. The first and second bedrooms have built-ins and wooden closets. The hall features a built-in linen closet. The third bedroom has new carpet, paneling and slider. New dual pane windows, interior and exterior paint, fixtures, and ceiling fans throughout.
The back door leads to the patio area which has a wood covering and block walls. The large backyard features a gated side yard, several mature pecan trees, block walls and chain link fences.
THIS HOME WILL GO FAST, SO PLEASE COME BY TO SEE IT!
Unit Size
1,122 Ft²
Days on Market
29 days
Land Size
0.43 acres
Price per sqft
$274
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1955
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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: 8 months ago (CRMLS #IV18046954)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 30, 2018 | Sold | ||
| Sold | |||
| Dec 28, 2017 | Listed by COLDWELL BANKER REALTY | $307,000 | |
| Listed by COLDWELL BANKER REALTY | |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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About Northside
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Listed by: Krista Dixon, COLDWELL BANKER REALTY
Last Updated: 8 months ago
Data Source: CRMLS, MLS# IV18046954
Last Updated: 8 months ago
Data Source: CRMLS, MLS# IV18046954
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