$600,000
●
House -
Off Market
6939 Cherrywood Drive
Riverside, CA 92506
5 Beds
4 Baths
2,731 Ft²
$920,731
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model
About This Property
Welcome to this beautiful move in ready home, with a spectacular
park-like yard. Enjoy a game of tennis, and then a refreshing dip
in the pool, ALL in your very own backyard. This is the perfect
entertainers yard with a meticulously kept yard. Side yard has
adequate room for the RV or other toys you may enjoy. Interior is
an open floor plan. Travertine floors from the entry lead you to
the kitchen which opens to the family room. Kitchen recently
received a face-lift with cabinets being re-stained, and ALL
new stainless steel appliances, with travertine counter tops.
Interior and exterior trim recently painted. One large bedroom and
bathroom downstairs. Enjoy a relaxing evening upstairs in the
master retreat or the porch from the master bedroom, with an
amazing view of the yard and the City of Riverside. 3 car garage
with ample driveway space. This home is ready for the next owner to
come and unload their moving truck right away.
Unit Size
2,731 Ft²
Days on Market
47 days
Land Size
0.30 acres
Price per sqft
$220
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1988
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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 #PW18052986)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 23, 2018 | Sold | ||
| Sold | |||
| Mar 7, 2018 | Listed by Rigby and Associates RE | $600,000 | |
| Listed by Rigby and Associates RE | |||
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
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Closing Price
Sold On
Sold On
HOA + Taxes
About Mission Grove
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Listed by: Todd Rigby, Rigby and Associates RE
Last Updated: 5 months ago
Data Source: CRMLS, MLS# PW18052986
Last Updated: 5 months ago
Data Source: CRMLS, MLS# PW18052986
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