4899 Glenwood Drive
About This Property
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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 |
|---|---|---|---|
| Jul 25, 2025 | Sold | ||
| Sold | |||
| Jun 22, 2025 | In contract | - | |
| In contract | |||
| Jun 15, 2025 | Price Decreased |
$885,000
↓ $35K
(3.8%) | |
| Price Decreased | |||
| Jun 8, 2025 | Listed by The Real Estate Firm | $920,000 | |
| Listed by The Real Estate Firm | |||
| Apr 14, 2025 | Listed by The Real Estate Firm | $920,000 | |
| Listed by The Real Estate Firm | |||
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Must see this custom built executive home with pool & guest house located at the base of Mount Rubidoux, next to Ryan Bonaminio Park, Tequesquite Community Garden, protected wild life corridor, hiking & biking trails. Discover a rare gem at 4899 Glenwood Drive, Riverside, CA 92501—a stunning 3-bedroom, 4-bathroom home situated on an expansive, nearly 1-acre lot near the iconic Mount Rubidoux, complete with solar panels under a PPA (Power Purchase Agreement) for energy efficiency. This pristine property, making its market debut, presents a unique opportunity to own a never-before-sold residence that blends unmatched charm, vintage elegance, and breathtaking views of the surrounding landscape. Step inside to explore the spacious interiors, featuring a downstairs bedroom and bathroom, complemented by a welcoming living room adorned with a striking brick fireplace—perfect for cozy gatherings. The adjacent kitchen boasts a walk-in pantry, and ample space for culinary creativity. The home has a large storage room, and multiple built-in cabinets. Upstairs, you’ll find two additional bedrooms, including the primary bedroom. The primary bedroom offers dual separate bathrooms for added convenience, and a sliding door opens to an incredible outdoor oasis, complete with a pool and a cabana featuring a bathroom and a separate shower room. The property also includes a detached guest house above the garage, featuring one bedroom, one bathroom, a kitchen, and a living room—ideal for guests, extended family, or rental income. Surrounding the home are lush landscaping, mature trees, and striking rock formations, enhancing its natural beauty. Schedule a tour today to experience this exceptional property for yourself!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017