4136 Eileen Street
About This Property
Located on a beautiful tree-lined street in one of Riverside's most established and sought-after neighborhoods, this inviting home offers a blend of comfort, character, and potential. -
Known as the "City of Arts and Innovation," Riverside is rich in culture, community, and convenience-and this property is right in the middle of it all! -
Inside the main home, you'll find 3 bedrooms, 1 bathroom, and a generous galley-style kitchen perfect for cooking. - Enjoy cozy evenings in the large family room featuring a fireplace, or step outside to the private & secluded rear patio - ideal for entertaining, relaxing, or even adding a fire pit for those perfect California nights. -
Additional highlights include: -
• Indoor laundry room for added convenience. -
• Wide, extended driveway with plenty of parking and potential for RV access. -
• A Detached garage with a bedroom and bathroom addition-perfect for a home office, guest suite, workshop, or private living space for a loved one. -
OK...Remember when I mentioned "Opportunity"? - The detached garage bonus space is also a prime candidate for an ADU conversion. There's already a bedroom, a bathroom with shower, electrical, plumbing and sewer. This offers an incredible opportunity for additional rental income or multi-generational living. -
Centrally located with easy access to schools, shopping, and dining, this home offers the ideal combination of location, functionality, and future upside.
- Whether you're a first-time buyer, a savvy investor minded entrepreneur, or simply looking for a place with room to grow - 4136 Eileen Street is ready to welcome you home.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 6, 2025 | Sold | ||
| Sold | |||
| Oct 18, 2025 | In contract | - | |
| In contract | |||
| Oct 7, 2025 | Relisted | $585,000 | |
| Relisted | |||
| Aug 27, 2025 | In contract | - | |
| In contract | |||
| Aug 23, 2025 | Relisted | $585,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017