4530 Merrill Avenue
About This Property
Long driveway with room for RV Parking leads to a 2-car garage. The landscaped rear yard is private with large grass area perfect for children and pets. Home has newer central air/heat, newer indoor paint, and a tile roof. Quiet tree-lined street, walking distance to RIVERSIDE PLAZA. Conveniently Located near University of California Riverside (UCR), Cal Baptist University (CBU), Downtown Riverside, MISSION INN, FOX THEATER, Galleria at Tyler, Metrolink, 91, 60 & 215 Freeways. Low Taxes! NO HOA or Mello Roos! All the best Riverside has to offer!
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 8, 2019 | Sold | ||
| Sold | |||
| Nov 19, 2018 | Listed by FIRST TEAM REAL ESTATE | $460,000 | |
| Listed by FIRST TEAM REAL ESTATE | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017