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6585 Shannon Road
About This Property
The double door entry leads you into the formal living room with stone fireplace, the large formal dining room is perfect for those special family gatherings and is connected to the kitchen. The kitchen is complete with lots of storage cabinets, a gas stove top with vent hood, dishwasher and with easy access into the 2-car attached garage. Across from the dining room you step into the great room/family room with sliding doors leading to the patio and park-like backyard with shaded and citrus fruit trees beautifully landscaped. This is a great home with unique characteristics throughout that is a MUST SEE!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 4, 2026 | Sold | ||
| Sold | |||
| Apr 15, 2026 | In contract | - | |
| In contract | |||
| Feb 2, 2026 | Listed by Williams Realty Group, Inc. | $635,000 | |
| Listed by Williams Realty Group, Inc. | |||
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STOP SCROLLING! Your Riverside dream home is calling, and it is the massive opportunity you have been waiting for! This isn't just another listing; it is a "Legacy Maker" sanctuary perfectly positioned for commuters with lightning-fast access to both the 91 and 60 freeways. Imagine waking up every morning in your Primary Suite to BREATHTAKING VIEWS of the Santa Ana Mountains, then stepping through your private exterior door to sip coffee on your swing while the morning sun hits the mountain peaks. This move-in ready, single-story gem offers a spacious and functional 5-BEDROOM layout that is perfect for large or multi-generational households, featuring a massive dining room for family gatherings and a dedicated BONUS ROOM so large it currently fits an 8-foot pool table with room to spare. The real magic happens outside on nearly a third of an acre. This backyard is a true blank canvas with endless potential—whether you envision a sparkling POOL to beat the Inland Empire heat, a guest house ADU for passive income, or a massive garden, the space is here and ready. Plus, for those with toys, there is ample room to add substantial RV PARKING. You can even enjoy fresh oranges, lemons, and grapefruits right from your own mature trees today. Because the house sits on a hill, you get a refreshing afternoon breeze and the kind of privacy that is nearly impossible to find—with only one real neighbor and no one behind you, just the peaceful sights of hawks and owls soaring over the nearby fields. We know the market can feel challenging, but this home is designed to help you win. You get the rare combination of NO HOA, LOWER PROPERTY TAXES, and the massive benefit of Riverside Public Utilities. Every detail has been handled for your peace of mind, from the double-pane windows that keep the interior pin-drop quiet to the full exterior security system with surveillance cameras and a whole-house fan to keep you cool. With mail delivered right to your front door and a lot that offers total seclusion while being only 10 minutes from the heart of Downtown Riverside, this is the lifestyle upgrade you deserve. Don't let this be the one that got away. Make this incredible Riverside retreat your own before it’s gone!
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| May 19, 2020 | Sold | ||
| Sold | |||
| Apr 6, 2020 | Listed by PROVIDENCE REALTY | $405,000 | |
| Listed by PROVIDENCE REALTY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017