$475,000
●
House -
Off Market
4381 3rd Street
Riverside, CA 92501
5 Beds
3 Baths
2,285 Ft²
$675,400
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model
About This Property
Great opportunity to purchase a home located in downtown Riverside!
Located on a corner lot. This four bedroom, two bath home with 1727
square feet features a rear apartment that has one bedroom, one
bathroom with 558 sq. ft. that provides great possible income
potential (this is not included in the square footage of the home).
The front home has central air, the kitchen and bathrooms and
laundry rooms have tile flooring. The bedrooms are carpeted. One of
the upstairs bedrooms has a balcony that overlooks surrounding
homes in the neighborhood. This home is within close proximity to
thriving downtown Riverside. There is a multitude of dining and
entertainment options within walking distance. This home is also
closely located to the 60 and 91 freeways. This home is also within
close proximity to Riverside City College. Bryant Elementary is
located directly across the street. Make this great home yours
today!
Unit Size
2,285 Ft²
Days on Market
70 days
Land Size
0.11 acres
Price per sqft
$208
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1920
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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 #IV20027776)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 16, 2020 | Sold | ||
| Sold | |||
| Feb 6, 2020 | Listed by MOVOTO, INC. | $475,000 | |
| Listed by MOVOTO, INC. | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Downtown Riverside
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Listed by: SERGIO SALAZAR, MOVOTO, INC.
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IV20027776
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IV20027776
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