$130,000
●
Land -
Off Market
5000 Alta Mira
Riverside, CA 92505
Studio
0 Bath
$286,847
RealtyHop Estimate
50.97%
Since Mar 1, 2019
National-US
Primary Model
About This Property
Look no more, this is it!! This lot is ready and waiting for you to
start building your custom home!! The property offers over 12,196
SqFt, that's more than a 1/4 acre. The seller has the water,
electrical, gas, sewer all installed and ready to be connected to
your new home! The street drive way is installed, and a back
private road is available to the property as well. The seller has
plans drawn up to build a three-bedroom three-bathroom home. It
includes an area for an in-home gym or theater, upper story
decking, a three-car garage and 2,175 SqFt of living space.
Plans/designs for home that was to be built are included in the
sale. You will be absolutely amazed with the breath-taking views.
The day time front view over looks cities and mountains and the
back view are of the Rancho La Sierra hills. At night you can see
beautiful lights as far as the eye can see. Don't wait this is the
place to build your custom home!
Unit Size
-
Days on Market
52 days
Land Size
0.28 acres
Price per sqft
-
Property Type
Land
Property Taxes
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HOA Dues
-
Year Built
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Cap Rate Calculator
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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 #IG19004209)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 25, 2019 | Sold | ||
| Sold | |||
| Jan 4, 2019 | Listed by Coldwell Banker Blackstone | $190,000 | |
| Listed by Coldwell Banker Blackstone | |||
Property Highlights
With View
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Price/ft²
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Listed On
Closing Price
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HOA + Taxes
About La Sierra
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Listed by: Jesse Ramirez, Coldwell Banker Blackstone
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IG19004209
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IG19004209
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