$308,000
●
House -
Off Market
471 WATER Avenue
Perris, CA 92571
3 Beds
2 Baths
1,200 Ft²
$461,473
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model
About This Property
FULL INTERIOR REMODEL - Everything Brand New!!! Buyers, the
full interior of this home has been transformed. All new
ceramic tile on floors, fresh grey-toned paint throughout, all new
kitchen cabinets, quartz countertops. new stove, dishwasher and
stainless steel hoodvent! New open floorplan with eat-in
bartop, all new doors, fixtures, lighting, baseboards...all new
carpet in bedrooms and both bathrooms have brand new floors, sinks,
fixtures and freshly glazed tubs. This property sits on a
HUGE 21000 square foot lot...LAND, LAND, LAND. Great for
storage, expansion, building. This neighborhood is in a great
area adjacent to Paragon Park and new home communities and lots of
revitalization. Will not last!!
Unit Size
1,200 Ft²
Days on Market
69 days
Land Size
0.48 acres
Price per sqft
$254
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1981
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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 (CLAW #18340276)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 9, 2018 | Sold | ||
| Sold | |||
| May 1, 2018 | Listed by Modern Real Estate Shop | $305,000 | |
| Listed by Modern Real Estate Shop | |||
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
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Central Perris
Similar Homes for Sale
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Listed by: Damien Melle, Modern Real Estate Shop
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 18340276
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 18340276
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