Classic bungalow styling abounds in this WOOD STREETS gem,
perfectly situated between the energy of Downtown and the
convenience of Magnolia Center. A welcoming front porch sets the
stage for a home brimming with character, starting with a large,
bright living room just inside the entry. The massive dining room
is a true showstopper, featuring rich wood paneling and a classic
boxed-beam ceiling that anchors the home's historic charm.
The updated kitchen balances style and function with granite
countertops, stainless steel appliances, and an adjoining laundry
room for easy multitasking. While the vintage soul of the home
remains intact, significant modern upgrades offer peace of mind,
including dual-paned windows, replaced "wood" floors, a newer roof,
copper plumbing, and a replaced sewer line.
Outside, the spacious lot provides plenty of room to roam. The
property includes a garage with an attached shop, plus a detached
"hobby room" or storage shed-perfect for creative projects or extra
organization. Spend afternoons relaxing on the large covered patio
or take advantage of the ample off-street parking provided by the
long driveway. This is truly one of the best values to hit the
neighborhood recently!
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.
Appliances: Dishwasher, Exhaust Fan, Electric Oven, Electric Range, Free-Standing Range, Disposal, Gas Range, Microwave, Refrigerator, Range Hood, Water Heater
Flooring Type: Tile, Wood
Laundry Features: Gas Dryer Hookup, Inside, Laundry Room
Has Fireplace
Fireplace Features: Living Room, Masonry
Basement: Utility
Exterior Details
Square Footage: 1326
Square Footage Source: $0
Property Condition: Updated/Remodeled
Architectural Style: Bungalow, Craftsman
Year Built Source: Assessor
Year Built: 1912
Levels: One
Other Structures: Outbuilding, Shed(s), Storage, Workshop
Window Features: Double Pane Windows
Construction Materials: Lap Siding, Stucco, CopperPlumbing
Patio and Porch Features: Front Porch
Pool Features: None
Lot Features: Back Yard, Cul-De-Sac, Level, Rectangular Lot, TwoToFiveUnitsAcre, StreetLevel, Yard
Lot Size Area: 6970
Lot Size Units: Square Feet
Lot Size Acres: 0.16
Lot Size Square Feet: 6970
Tax Lot: 39
Water Source: Public
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Forced Air, Natural Gas
Sewer : Public Sewer
Building Info
Overview
General
Year Built:
1912
Effective Year Built:
1912
Building Count:
1
Total Rooms:
5
Bedroom Count:
2
Bathroom Count:
1
Full Bathrooms:
1
Partial Bathrooms:
1
Building Condition:
1
Building Quality:
7
Construction Type:
17
Building Style:
1
Exterior Walls Type:
12
Interior Walls Type:
0
Roof Shape Type:
0
Roof Cover Type:
7
Floor Count:
100
Living Units:
1
Floor Cover:
0
Basement Type:
0
Basement Area:
0
Garage Type:
4
Garage Square Area:
198
Parking Space Count:
1
Patio Type:
38
Porch Type:
0
Pool Type:
0
Dimensions
Lot Size Square Feet:
6,970
Total Building Area:
1,668
Gross Building Area:
1,668
Building Area:
1,326
Building Area Measurement:
L
Heating and Cooling
Air Conditioning:
1
Heating:
3
Heated Square Feet:
1,326
Heating Fuel Type:
3
Utilities
Sewer System:
5
Water Service:
6
Building
Building Type:
0
Property Class:
R
Subdivision:
SUMAN TR
Land Acres:
0000000160
Standard Land Use Code:
1001
County Land Use Code:
20
State Land Use Code:
R01
Legal Description 1:
LOT 39 MB 007/034 SUMAN TR
Neighborhood
School District Name:
Riverside Unified School District
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