1
Map
$460,000
●
House -
Off Market
5420 Tower Road
Riverside, CA 92506
3 Beds
1 Bath,
1
Half Bath
1,253 Ft²
$628,709
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model
About This Property
What we like about the house & neighborhood: Updates: New
energy-efficient A/C condenser, furnace, forced air, and all
ducting - New energy-efficient windows in the whole house (low
monthly utilities) - New Floors - LED ceiling lights - Updated
ceiling fans in every bedroom and dining room
All-new exterior Paint – interior recently painted - Updated bathrooms and kitchen – granite, marble, subway tile, Moen fixtures
Automatic sprinkler system - Layout of the house – large living room tied to the office/den/3rd bedroom for multi-use - 2 bathrooms - Extra deep 2 car garage with additional storage - Extra long driveway (room for RV or trailer) - Charm & Character: Wood Streets neighborhood
built-in cabinets surrounding the craftsman mantle and subway-tiled fireplace surround in the living room - Large and livable outdoor space: front and back covered porch, 2 additional patios in the back - Nice landscaping that is easy to maintain - Large, mature trees line the property and neighborhood, providing shade - Fruit trees: tangelo, avocado, lemon, and white rose bushes. PLEASE BE AWARE: THIS IS TRULY A TURN KEY - GORGEOUS HOME!
All-new exterior Paint – interior recently painted - Updated bathrooms and kitchen – granite, marble, subway tile, Moen fixtures
Automatic sprinkler system - Layout of the house – large living room tied to the office/den/3rd bedroom for multi-use - 2 bathrooms - Extra deep 2 car garage with additional storage - Extra long driveway (room for RV or trailer) - Charm & Character: Wood Streets neighborhood
built-in cabinets surrounding the craftsman mantle and subway-tiled fireplace surround in the living room - Large and livable outdoor space: front and back covered porch, 2 additional patios in the back - Nice landscaping that is easy to maintain - Large, mature trees line the property and neighborhood, providing shade - Fruit trees: tangelo, avocado, lemon, and white rose bushes. PLEASE BE AWARE: THIS IS TRULY A TURN KEY - GORGEOUS HOME!
Unit Size
1,253 Ft²
Days on Market
48 days
Land Size
0.18 acres
Price per sqft
$366
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1952
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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 #TR20121382)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 11, 2020 | Sold | ||
| Sold | |||
| Jun 22, 2020 | Listed by Heritage Real Estate | $459,000 | |
| Listed by Heritage Real Estate | |||
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 Wood Streets
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Listed by: Larry Black, Heritage Real Estate
Last Updated: 5 months ago
Data Source: CRMLS, MLS# TR20121382
Last Updated: 5 months ago
Data Source: CRMLS, MLS# TR20121382
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