$378,900
●
House -
Off Market
4451 Morristown Drive
Riverside, CA 92505
3 Beds
2 Baths
1,418 Ft²
$596,067
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model
About This Property
Don't miss this beautiful, turnkey La Sierra home! Located near
Riverwalk, this 1418 sq. ft. home has 3 bedrooms, 2 bathrooms and
an office/den with a closet that can be used as a 4th bedroom.
Vaulted ceilings and a fireplace in the living room make this
home feel luxurious and relaxing. Oak cabinets and granite
countertops in the kitchen. A full dining room and a breakfast bar
for light eating make this home perfect for families. The master
bedroom has french doors that lead out to the backyard for
relaxation in the spa (spa included). RV parking, tankless water
heater, full dining room, dual paned windows, central A/C and
heating, fresh paint throughout and brand new appliances. This home
is conveniently located near the Galleria at Tyler, restaurants,
shopping centers, banks, Riverside Metrolink, Kaiser Permanente
Hospital, and schools. This home is immaculate and a must see! It
will not last long!
Unit Size
1,418 Ft²
Days on Market
65 days
Land Size
0.16 acres
Price per sqft
$264
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1978
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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: 4 months ago (CRMLS #IG17195261)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 27, 2017 | Sold | ||
| Sold | |||
| Aug 23, 2017 | Listed by NextHome Free | $375,000 | |
| Listed by NextHome Free | |||
Property Highlights
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
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Listed On
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Sold On
HOA + Taxes
About La Sierra
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Listed by: Denise Free, NextHome Free
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IG17195261
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IG17195261
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