5602 Allendale
About This Property
Welcome to 5602 Allendale, a beautifully updated home offering comfort, style, and modern convenience in a desirable Riverside neighborhood. Step inside to discover upgraded hardwood laminate flooring that flows throughout, creating a warm and inviting atmosphere. The kitchen features sleek stainless steel appliances, perfect for cooking and entertaining.
Enjoy peace of mind and energy efficiency with newer dual-pane windows that fill the home with natural light while keeping it quiet and comfortable. A newly installed air conditioning system ensures year-round comfort, making this home move-in ready and worry-free.
Outside, you'll find a spacious yard ideal for gatherings, gardening, or simply relaxing under the California sun. Conveniently located near schools, parks, shopping, and major freeways, this home combines suburban tranquility with easy access to city amenities.
Don't miss your opportunity to own this updated Riverside gem - schedule your private tour today!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 25, 2026 | Sold | ||
| Sold | |||
| Jan 26, 2026 | In contract | - | |
| In contract | |||
| Nov 7, 2025 | Listed by REALTY WORLD ALL STARS | $654,900 | |
| Listed by REALTY WORLD ALL STARS | |||
| Sep 23, 2022 | No longer available | - | |
| No longer available | |||
| Sep 3, 2022 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017