$350,000
●
House -
Off Market
6520 Shannon Road
Riverside, CA 92504
5 Beds
2 Baths
1,723 Ft²
$548,222
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model
About This Property
Great single story Riverside home located near the center of
action. This 5 bedroom beauty was designed for the larger
family in mind. Walk into the front door and find a good
sized great room attached to the kitchen and dining room. The
fireplace will keep you warm on those cool Riverside nights.
Recessed lighting and ceiling fans throughout the home.
Two sets of double doors leads you the backyard that features
a dual covered patios for those backyard BBQ's and for entertaining
guests. Room for a pool and also features a dog run.
This home has been upgraded with a Nest Thermostat and a
Vivint security system with Wi-Fi locks on the door. The
bedrooms are a good size and are on one side of the home.
Close to schools, Riverside Plaza, grocery shopping,
churches, parks and Recreational Centers. Don't miss this
listing!
Unit Size
1,723 Ft²
Days on Market
110 days
Land Size
0.21 acres
Price per sqft
$200
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1969
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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 #IG17136340)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 3, 2017 | Sold | ||
| Sold | |||
| Jul 29, 2017 | Listed | $344,900 | |
| Listed | |||
| | |||
|
Great single story Riverside home located near the center of action. This 5 bedroom beauty was designed for the larger family in mind. Walk into the front door and find a good sized great room attached to the kitchen and dining room. The fireplace will keep you warm on those cool Riverside nights. Recessed lighting and ceiling fans throughout the home. Two sets of double doors leads you the backyard that features a dual covered patios for those backyard BBQ's and for entertaining guests. Room for a pool and also features a dog run. This home has been upgraded with a Nest Thermostat and a Vivint security system with Wi-Fi locks on the door. The bedrooms are a good size and are on one side of the home. Close to schools, Riverside Plaza, grocery shopping, churches, parks and Recreational Centers. Don't miss this listing! The manager has listed the unit size as 1723 square feet.
| |||
| Jun 15, 2017 | Listed by Re/Max Partners | $344,900 | |
| Listed by Re/Max Partners | |||
Property Highlights
Air Conditioning
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: Joseph Soto, Re/Max Partners
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IG17136340
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IG17136340
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