$390,000
●
House -
Off Market
4553 Central Avenue
Riverside, CA 92506
3 Beds
2 Baths
1,679 Ft²
$572,032
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model
About This Property
Welcome to Magnolia Center!! This wonderful 3 bedroom, 2 bath home
has been updated, upgraded and loved on. This home was built in
1937, but don't let that scare you off. Everything has been so well
taken care of and most things updated. Floors are tile, but have
the look of wood. New roof put on a few years ago. Updated
electrical and plumbing, windows, and a kitchen that boasts custom
cabinets and granite counters. Bathrooms are custom, and upgraded
to wow anyone. But wait until you see the master bedroom. Over 600
sqft of comfy and cozy space, with beamed pine ceilings and
complete privacy. The master bath is spacious, and beautifully
appointed. The walk-in, cedar lined closet is set up and ready to
impress. The garage is an over-sized 3+ car garage ready for your
hot rods or workshop. You don't want to miss this one!
Unit Size
1,679 Ft²
Days on Market
46 days
Land Size
0.16 acres
Price per sqft
$232
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
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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 #IV19133763)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 22, 2019 | Sold | ||
| Sold | |||
| Jun 6, 2019 | Listed by NEXTHOME CITRUS CITY | $389,800 | |
| Listed by NEXTHOME CITRUS CITY | |||
Property Highlights
Air Conditioning
Fireplace
Garage
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Sold On
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HOA + Taxes
About Magnolia Center
Similar Homes for Sale
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Listed by: SCOTT GIESER, NEXTHOME CITRUS CITY
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV19133763
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV19133763
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