$555,000
●
House -
Off Market
6915 Cypress Grove Drive
Riverside, CA 92506
5 Beds
3 Baths
2,611 Ft²
$808,354
RealtyHop Estimate
47.00%
Since Jul 1, 2019
National-US
Primary Model
About This Property
Location, Location, Location!! Impressive Canyon Crest Home with
Pool and Spa. Entry with vaulted ceilings in Formal living room, Up
the stairs Big Master bedroom with french doors that lead to
balcony over-looking the pool and spa perfect for morning
coffee/tea or just to enjoy beautiful view also has electric awning
for balcony, master bath was recently remodeled and room next to
master is being utilized as a huge walk in closet. Also up-stairs
is a second master/ huge bedroom, upstairs 2nd bath was also
recently remodeled and 4th bedroom newly painted. Downstairs is a
5th bedroom is being used as an office, indoor laundry room,
Updated kitchen with wood cabinets lots of storage and counter-top
space Formal Dining room. Kitchenette and family room make way to
the out door living space where you can enjoy a fully landscaped
private backyard, covered patio, pool and spa. RV parking space is
another amenity that this home has to offer. Oh! worried about high
Electricity bill?? not with this home fully paid solar panels are
included... No complicated leases or buy-outs.
Unit Size
2,611 Ft²
Days on Market
58 days
Land Size
0.28 acres
Price per sqft
$211
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1990
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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 #IV19086400)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 12, 2019 | Sold | ||
| Sold | |||
| Apr 15, 2019 | Listed by NEW EMPIRE REALTY | $549,900 | |
| Listed by NEW EMPIRE REALTY | |||
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
Status
Type
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Baths
ft²
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Sold On
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HOA + Taxes
About Mission Grove
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Listed by: ARIEL RAMIREZ, NEW EMPIRE REALTY
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV19086400
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV19086400
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