$510,000
●
House -
Off Market
5720 Via Cervantes
Riverside, CA 92506
4 Beds
2 Baths
2,034 Ft²
$755,811
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model
About This Property
Act fast! This single story Canyon Crest home is perfectly
located and packed with features! Enjoy close proximity to
Canyon Crest Town Center, the Country Club, UCR and Sycamore Canyon
Wilderness Park. The interior just underwent extensive
updating, to include new flooring, quartz counters and fresh paint.
The deep 2-car garage leaves plenty of room for storage or a
garage workshop. The home sits on an over-sized lot, nearly ¾
acre...hard to find in Canyon Crest, with mature fruit trees and room
to personalize the remaining land. Relax in the afternoon
shade of the back yard patio and soak in the views of nearby golden
hills and green canyons. Situated on a quiet cul de sac
street in an established neighborhood with mature trees. All
this and more for under $500,000 in Canyon Crest!
Unit Size
2,034 Ft²
Days on Market
44 days
Land Size
0.72 acres
Price per sqft
$245
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1974
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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 #IV18216732)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 24, 2018 | Sold | ||
| Sold | |||
| Sep 10, 2018 | Listed by REALTY MASTERS & ASSOCIATES | $499,000 | |
| Listed by REALTY MASTERS & ASSOCIATES | |||
Property Highlights
Garage
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
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Canyon Crest
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Listed by: RYAN MCKEE, REALTY MASTERS & ASSOCIATES
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV18216732
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV18216732
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