$388,000
●
House -
Off Market
5706 Old Ranch Road
Riverside, CA 92504
3 Beds
2 Baths
1,308 Ft²
$606,182
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model
About This Property
Very sharp home in quiet area of Riverside. Sitting on a cul de
sac.New Interior paint and all new carpet installed 4/3/18.
Charming older home with 3 bedrooms, 2 bathrooms and large living
room and dining room with warm wood burning fireplace. Kitchen has
been totally remodeled with new hardwood cabinets, gas stove and
oven and new stainless steel dishwasher. Kitchen sink has window
overlooking private and green back yard. There is a sub fenced pet
area and a concrete patio with brick ribbon trip. There is a wood
deck attached to sliding glass door direct from master bedroom.
There is a large above ground spa that hasn't been used in a long
time. Quiet neighborhood with well kept homes.
Unit Size
1,308 Ft²
Days on Market
147 days
Land Size
0.18 acres
Price per sqft
$306
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1959
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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: 4 months ago (CRMLS #IV18003452)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Sep 1, 2020 | Listed | $440,000 | |
| Listed | |||
| | |||
|
Charming home in the Grand Estates neighborhood of Riverside! Home has 3 bedrooms and 2 bathrooms with a wood burning fireplace in the living room. NEW stainless-steel refrigerator and stove, newer dishwasher and washer/dryer (it all stays with the home)! NEW HVAC unit (controlled by a Nest), New patio cover, french doors and Brand New Deck built to support the weight of a Jacuzzi! There's a concrete pad on one side and a fenced pet area on the other side of the house. The backyard is well kept and has fruit trees. Both bathrooms have refinished cupboards. There's carpet throughout except for the kitchen which has original hardwood floors. All you have to do is move in! The manager has listed the unit size as 1308 square feet.
| |||
| Jun 1, 2018 | Sold | ||
| Sold | |||
| Jan 5, 2018 | Listed by RE/MAX PARTNERS | $399,900 | |
| Listed by RE/MAX PARTNERS | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Grand
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Listed by: KEVIN O'NEILL, RE/MAX PARTNERS
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV18003452
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV18003452
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