3956 Ramona Drive
About This Property
From the moment you arrive, you'll notice the drought-tolerant landscaping and the stunning architectural details that set the tone for what's inside. Step through the front door and you're welcomed by a bright and inviting living area, where an expansive picture window floods the space with natural light and a cozy fireplace becomes the focal point.
The flow continues to the dining area and a beautifully remodeled kitchen featuring upgraded cabinets, countertops, and linoleum flooring that nods to the home's original charm while embracing modern convenience.
Downstairs, you'll find a versatile lower level with its own three-quarter bath, a laundry area, and a spacious bonus room-ideal for a home theater, creative workspace, or hobbyist's dream studio. There's even a small additional bedroom, making this floor a great flex space for guests or multi-generational living.
Upstairs, two well-appointed bedrooms await. The front bedroom features its own en suite bathroom and views of the street. The primary bedroom, tucked privately toward the back, offers a peaceful retreat.
Step out back to the Trex deck, designed with low-maintenance longevity in mind, and envision yourself hosting weekend BBQs or enjoying Riverside's golden-hour sunsets. With alley access and a generous backyard, there's plenty of room for entertaining, gardening, or even adding an ADU (check with the city).
This is a rare opportunity to own a truly one-of-a-kind home in one of Riverside's most beloved neighborhoods. Full of warmth, history, and personality-3956 Ramona Drive is ready to welcome its next chapter.
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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%.
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 28, 2025 | Sold | ||
| Sold | |||
| Mar 17, 2025 | Listed by NEST REAL ESTATE | $789,000 | |
| Listed by NEST REAL ESTATE | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017