$650,000
●
House -
Off Market
5250 Marengo Court
Riverside, CA 92505
4 Beds
2 Baths
1,661 Ft²
$3,192
Est. Monthly
About This Property
Step into this inviting 4-bedroom single-story home in Riverside,
where a charming front porch welcomes you. As you enter, the open
floorplan immediately captivates, seamlessly connecting the
spacious kitchen and dining area, complete with a walk-in pantry
for added storage convenience. The focal point of the living room
is a striking stone fireplace, complemented by a sliding glass door
that leads to the expansive backyard. Outside, a large covered
patio extends the living space, with ample room in the yard for
lawn games, a garden, and fun in the sun. Three guest bedrooms are
neatly arranged off the central hallway, offering privacy and
comfort. The primary bedroom boasts generous closet space and an
ensuite bathroom, rounding out this comfortable and well-appointed
home. This home is conveniently located near La Sierra
University, shopping, and central for commuters. Make an
appointment to view this home today or stop by a scheduled open
house!
Unit Size
1,661 Ft²
Days on Market
90 days
Land Size
0.17 acres
Price per sqft
$391
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1962
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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: 3 years ago (CRMLS #IV24125267)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 17, 2024 | Sold | ||
| Sold | |||
| Aug 25, 2024 | In contract | - | |
| In contract | |||
| Aug 11, 2024 | Price Decreased |
$650,000
↓ $25K
(3.7%) | |
| Price Decreased | |||
| Jun 18, 2024 | Listed by COLDWELL BANKER REALTY | $675,000 | |
| Listed by COLDWELL BANKER REALTY | |||
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 La Sierra
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Listed by: SARA BERESFORD, COLDWELL BANKER REALTY
Last Updated: 3 years ago
Data Source: CRMLS, MLS# IV24125267
Last Updated: 3 years ago
Data Source: CRMLS, MLS# IV24125267
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