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4340 Miramonte Place
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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%.
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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 |
|---|---|---|---|
| Dec 15, 2021 | No longer available | - | |
| No longer available | |||
| Oct 9, 2021 | In contract | - | |
| In contract | |||
| Oct 9, 2021 | Price Increased |
$730,000
↑ $30K
(4.3%) | |
| Price Increased | |||
| Sep 30, 2021 | Listed by WINDERMERE R.E. TOWER PROP. | $700,000 | |
| Listed by WINDERMERE R.E. TOWER PROP. | |||
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Tucked in at the base of Mount Rubidoux with stunning views looking up towards the mountain in downtown Riverside, the arts and cultural center of the city. Enjoy the convenience of being just steps away from 161 acres of Mt. Rubidoux Park and the miles of walking and hiking trails. Take advantage of Ryan Bonamino Park's athletic facilities, play fields and community gardens. Walk to the heart of downtown Riverside and enjoy the historic Mission Inn, Fox Performing Arts Center, the new downtown library, and the soon to be Cheech Marin Center of Chicano Art and Culture. This well appointed home has an open floor plan, and has been well cared for and recently upgraded. The double beveled glass entry doors with red accents lead through the entry into the kitchen and living rooms with high-end porcelain wood plank flooring. The kitchen has a u-shape design, with painted cabinets, granite slab counter tops, stainless steel appliances and a breakfast bar. The living room or sitting room has plenty of natural light looks towards the kitchen area and has a stone fireplace in the corner. The family room/great room connects to the dining area and makes for the perfect gathering place to invite friends and family. Upstairs the primary suite is spacious with a walk-in closet, en-suite bathroom, dual sink vanity and a tub with a shower. There are 3 guest rooms all generously sized with plush carpet. The home was recently upgraded with recessed LED lighting, a new water heater and quality dual paned windows throughout. The backyard is perfect to celebrate Southern California living. The covered patio overlooks the huge backyard and all the beutiful mature trees. It makes for the perfect backdrop for a backyard wedding, BBQ or informal get together. Imagine hosting the annual 4th of July party and taking in front row seats to the firework show above Mt. Rubidoux! This home is turnkey and will be ready for the next owner to enjoy the holidays in. The manager has listed the unit size as 2192 square feet.
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| Dec 9, 2019 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017