$315,000
●
House -
Off Market
5641 Willard Way
Riverside, CA 92504
3 Beds
1 Bath
1,303 Ft²
$480,050
RealtyHop Estimate
54.85%
Since Apr 1, 2018
National-US
Primary Model
About This Property
Ideal starter home located on a quiet tree-lined cul-de-sac. This
open floor plan is perfect for entertaining. The family room is
approximately 300 sq.ft.! This home has had lots of improvements
done to it within the past 7 years. It features an expansive
gourmet kitchen with granite countertops and newer appliances, tile
flooring, LED lighting throughout, nicely upgraded bathroom, dual
pane windows, updated electrical panel, ceiling fan and a sectional
garage door with an auto-opener. The backyard features a covered
patio, beautiful koi pond with a soothing fountain and fruit trees.
The front yard is a clean canvas that is ready for your own
drought-tolerant design. Seller will allow closing costs to be
stacked on top of the list price and also cooperate with Down
Payment Assistance loan programs.
Unit Size
1,303 Ft²
Days on Market
81 days
Land Size
0.15 acres
Price per sqft
$238
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1953
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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: 5 months ago (CRMLS #IG18003240)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 27, 2018 | Sold | ||
| Sold | |||
| Jan 5, 2018 | Listed by Meridian One Real Estate | $310,000 | |
| Listed by Meridian One Real Estate | |||
Property Highlights
Fireplace
Garage
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 Riverside Airport
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: John Babai, Meridian One Real Estate
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IG18003240
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IG18003240
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