1
Map
$620,000
●
House -
Off Market
5016 Tophill Place
Riverside, CA 92507
4 Beds
1 Bath
1,761 Ft²
$653,987
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model
About This Property
Canyon Crest - Available for the first time in more than 50 years,
this single-story home has been thoughtfully upgraded while
maintaining the original charm of the home. Mature, and
meticulously maintained, landscaping frames the quaint front porch
of this ranch-style home. Inside, the front picture window
bathes the living room in natural light. A semi-formal dining
area just off the living room opens to the galley style kitchen
with original charm and modern convenience. On the south side
of the home, a central hall leads to two of the bedrooms and a full
bath. Centrally located near the center of the home off the
hall is an open flex space that could serve as an additional
bedroom, office, family room, etc. Two more bedrooms and a ¾ bath
complete the floor plan. Outside, an alumawood patio cover
shades a large patio overlooking the lush lawn and landscape.
Offering 4 bedrooms and 2 baths across 1,761 square feet and
conveniently located near University of California, Riverside
(UCR), Canyon Crest Town Center, and all major freeways, this one
is a must see!
Unit Size
1,761 Ft²
Days on Market
71 days
Land Size
0.19 acres
Price per sqft
$355
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1960
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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 #IV22167020)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 11, 2022 | Sold | ||
| Sold | |||
| Aug 1, 2022 | Listed by Tower Agency | $625,000 | |
| Listed by Tower Agency | |||
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
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Sold On
Sold On
HOA + Taxes
About Canyon Crest
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: MILES TURNER, Tower Agency
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IV22167020
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IV22167020
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