$385,000
●
House -
Off Market
4686 Velvet Court
Riverside, CA 92503
3 Beds
2 Baths
1,464 Ft²
$603,737
RealtyHop Estimate
50.97%
Since Mar 1, 2019
National-US
Primary Model
About This Property
Lovely single story home in the heart of Riverside...this home was
built in 2001 it has very low taxes and no HOA--to top it off it
sits on a cul-de-sac street. This home has a lot of upgrades such
as the recently painted interior, beautiful laminated wood floors
in the entry, hallway, bedrooms, formal living & family room which
has a fireplace. This kitchen is gorgeous, recently remodeled also
with new cabinets which have soft close drawers/doors, quartz
countertops, deep sinks & tile floors---the hall bath and master
bathroom also have quartz countertops with new cabinets PLUS LED
lighting and a air filtration system for those sensitive to
allergies. Open concept living at its best, the front yard is just
right and the backyard should be able to fit a pool. You can't beat
the location, major shopping nearby, a short drive to the 91
freeway for those that commute. Come and see this beautiful home
today--fully upgraded and just waiting for you!---Seller Said let's
get it SOLD!
Unit Size
1,464 Ft²
Days on Market
96 days
Land Size
0.17 acres
Price per sqft
$273
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2001
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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 #SW18270592)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 13, 2019 | Sold | ||
| Sold | |||
| Nov 9, 2018 | Listed by KW Temecula | $399,900 | |
| Listed by KW Temecula | |||
Property Highlights
Garage
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
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Closing Price
Sold On
Sold On
HOA + Taxes
About Ramona
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Listed by: Joseph Onello, KW Temecula
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW18270592
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW18270592
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