$419,900
●
House -
Off Market
5270 Marengo Court
Riverside, CA 92505
3 Beds
2 Baths
1,370 Ft²
$588,728
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model
About This Property
Beautiful, well-kept single story 3 bedrooms, 2 baths home located
at the end of a quite cul-de-sac with excellent curb appeal in a
wonderful La Sierra neighborhood! This home welcomes you with a
double door entry with ceiling fans in every room. Home has many
wonderful features including french doors in the living room, which
features a cozy fireplace, laminate wood flooring, dual pane
windows, garden window in the kitchen, family room with scenic bay
window. The master bathroom has several nice upgrades, including a
custom shower. The A/C unit was upgraded less than 4 years ago.
Nicely landscaped front and rear yards that include several fruit
trees, covered patio and more! 1370 square footage does not include
the nicely converted garage bringing total square footage to an
approximate 1832 sqft. No HOA's and low tax rate. Excellent
location close to shopping, Metro link commuter train, 91 freeway
and just a short distance to La Sierra University. Please come take
a look!
Unit Size
1,370 Ft²
Days on Market
167 days
Land Size
0.23 acres
Price per sqft
$307
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1962
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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 #IV19284218)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 4, 2020 | Sold | ||
| Sold | |||
| Dec 20, 2019 | Listed by WESTCOE REALTORS INC | $419,900 | |
| Listed by WESTCOE REALTORS INC | |||
Property Highlights
Air Conditioning
Fireplace
With View
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
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Sold On
Sold On
HOA + Taxes
About La Sierra
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Listed by: TAMI FLEMING, WESTCOE REALTORS INC
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IV19284218
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IV19284218
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