$480,000
●
House -
Off Market
6844 Ranchgrove Road
Riverside, CA 92506
3 Beds
2 Baths
1,806 Ft²
$704,399
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model
About This Property
Move in ready Canyon Crest 3 bedroom, 2 bathroom home located on a
large lot! This beautiful home has been completely remodeled
with tile flooring throughout. The kitchen has been completely
upgraded with beautiful cherry cabinets and granite counters, and
stainless appliances. The furnace, A/C condenser system is all new
with a 10 year warranty, the systems are 5 ton systems each. The
bathrooms have been upgraded with tile flooring and newer granite
countertops, and frameless shower glass shower enclosures. The
master bathroom has a well-sized walk in closet. The backyard has a
covered patio with a high block wall for plenty of privacy. The
backyard is perfect for entertaining. This home is located in the
highly desired Canyon Crest neighborhood. This home is in close
proximity to the Canyon Crest Town Center, and close to the Mission
Grove Shopping center as well. This home is also minutes away from
UC Riverside. Best of all there is no HOA, and there is a low tax
rate. Make this great home yours today!
Unit Size
1,806 Ft²
Days on Market
48 days
Land Size
0.20 acres
Price per sqft
$266
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1978
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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: 5 months ago (CRMLS #IV19128133)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 18, 2019 | Sold | ||
| Sold | |||
| May 31, 2019 | Listed by MOVOTO, INC. | $479,999 | |
| Listed by MOVOTO, INC. | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
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Sold On
Sold On
HOA + Taxes
About Canyon Crest
Similar Homes for Sale
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Listed by: SERGIO SALAZAR, MOVOTO, INC.
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IV19128133
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IV19128133
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