$270,000
●
House -
Off Market
632 Massachusetts Avenue
Riverside, CA 92507
3 Beds
1 Bath
1,253 Ft²
$464,684
RealtyHop Estimate
63.05%
Since May 1, 2017
National-US
Primary Model
About This Property
Single story home with three bedrooms and 1 3/4 baths in perfect
location for schools and proximity to the University of California,
Riverside. Hardwood floors throughout except for kitchen and baths.
Kitchen is open to eating/family room. Front porch with view of Box
Springs Mountain Preserve. Back patio for BBQ and gatherings. The
front yard has new retaining wall and has been finished with stone
for drought tolerant living. Minutes from the Box Springs Mountain
Preserve for hiking wild life sightings. Shopping is convenient and
there is easy access to freeways and Metro link trains.
Unit Size
1,253 Ft²
Days on Market
143 days
Land Size
0.19 acres
Price per sqft
$227
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1957
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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 #IV16736710)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 19, 2019 | No longer available | - | |
| No longer available | |||
| Jun 15, 2019 | Price Increased |
$375,000
↑ $15K
(4.2%) | |
| Price Increased | |||
| May 28, 2019 | Listed | $359,900 | |
| Listed | |||
| | |||
|
Charming single-story home located in an established neighborhood just minutes from the University of Riverside (UCR). Recent and modern upgrades include New roof, New kitchen, New bathrooms, New windows, New paint, and Much more! Perfect home for a first time buyer, investor, and even a retired couple looking to lose the stairs. Come, See How Much Home Just Fell Into Your Price Range! The manager has listed the unit size as 1253 square feet.
| |||
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jun 11, 2018 | Listed | $390,000 | |
| Listed | |||
| | |||
|
This beautifully updated single story Riverside home has many nice features to offer! Great curb appeal with easy, low maintenance landscaping, large driveway and 2 car attached garage. Inside you will find some very nice upgrades that include a lovely gourmet kitchen with stainless appliances, granite counters, dark wood cabinetry and large kitchen island, wide open floor plan with kitchen and dining area open to the living room and hard wood and tile floors throughout the home. Very clean and nicely kept with 3 spacious bedrooms, 2 upgraded bathrooms and 1253 square feet of living space. Master suite has direct access to the back yard! Situated on a good sized 8276 square foot lot with a large back yard that is ready for your landscaping designs. Centrally located near UCR and Historic Downtown Riverside with schools, shopping and public transportation nearby. Be sure to check out the virtual tour! Turnkey and ready for moving in! Contact Sofia Chacon TODAY for more information-- Text or call 951-258-5245. The manager has listed the unit size as 1253 square feet.
| |||
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About University
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Listed by: CONNIE RANSOM, COLDWELL BANKER RES. BROKERAGE
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV16736710
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV16736710
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