$510,000
●
House -
Off Market
4163 River Ridge Drive
Norco, CA 92860
4 Beds
3 Baths
3,339 Ft²
$813,402
RealtyHop Estimate
56.45%
Since Mar 1, 2018
National-US
Primary Model
About This Property
***ANOTHER HUGE PRICE REDUCTIONS...REALLY LOW PRICE PER SQUARE
FOOT*** MOTIVATED SELLER*** NO MELLO ROOS...NO HOA***Large spacious
"Deane Home" located across the street from the back of Highland
Elementary School. The home features a formal living room with a
fireplace and a separate formal dining room with built in
cabinetry. The kitchen is large and open to the family room. The
master bedroom and bathroom is downstairs along with 2 other
bedrooms and another 3/4 bathroom. Upstairs is a gigantic loft and
what used to be another 2 bedrooms. The wall was removed making one
large bedroom upstairs and another full bathroom. in the backyard
is a pool and a fenced off dog run. The laundry is in the 3 car
garage. Potential RV parking in driveway. Within walking
distances to schools, shopping and park and easy access to the 15
freeway.
Unit Size
3,339 Ft²
Days on Market
120 days
Land Size
0.24 acres
Price per sqft
$156
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1986
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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 #IV17239656)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 16, 2018 | Sold | ||
| Sold | |||
| Oct 19, 2017 | Listed by MCKEE REAL ESTATE GROUP | $519,900 | |
| Listed by MCKEE REAL ESTATE GROUP | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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ft²
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Sold On
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HOA + Taxes
About Norco
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Listed by: KATIE FETROW, MCKEE REAL ESTATE GROUP
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IV17239656
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IV17239656
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