475 Transit Avenue
About This Property
Situated on a versatile lot, this property stands out with ample space for RV parking, multiple vehicles, recreational toys, or additional storage needs-an increasingly hard-to-find feature in today's market. Whether you're a first-time homebuyer looking to build equity, an investor seeking rental potential near UCR, or a buyer searching for a property with room to grow, this home offers flexibility and value.
Enjoy the convenience of nearby shopping, dining, schools, parks, and commuter access while taking advantage of the unique outdoor space and future possibilities this property provides. With its desirable single-story layout, generous parking options, and prime Riverside location, this is an excellent opportunity to create the lifestyle and value you've been looking for.
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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 |
|---|---|---|---|
| Aug 6, 2026 | Sold | ||
| Sold | |||
| Jun 28, 2026 | In contract | - | |
| In contract | |||
| Jun 13, 2026 | Relisted | $485,000 | |
| Relisted | |||
| May 15, 2026 | In contract | - | |
| In contract | |||
| Apr 14, 2026 | Price Decreased |
$485,000
↓ $15K
(3%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017