$400,000
●
House -
Off Market
7125 Nixon Drive
Riverside, CA 92504
3 Beds
2 Baths
1,166 Ft²
$571,862
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model
About This Property
....SPARKLING POOL AND SPA!!!......NEW, NEW, NEW DESGINER
PAINT......KITCHEN WITH NEW GRANITE QUARTZ COUNTER, LIKE-NEW
CABINETS, NEW APPLIANCES, NEW FAUCET, SINK, GARBAGE
DISPOSAL....ELEGANT WOOD-LOOK TILES COVER, KTICHEN, LIVING ROOM,
AND HALLWAY......ALMOST NEW UPGRADED CARPET IN BEDROOMS......DOUBLE
PANE ENERGY EFFICIENT WINDOWS THROUGHOUT MAKE THE ROOMS
UPDATED......GARAGE WITH NEW ROLL-UP GARAGE DOOR, NEWLY
DRYWALLED......POOL AND SPA AREA IS FENCED OFF WITH WROUGHT IRON
FENCE/GATE AND LARGE BACK YARD WITH COVERED PATIO FOR FAMILY
FUN!!!NOTICE THE VINYL FENCE ALL AROUND.....FANTASTIC AREA, MINUTES
TO FREEWAY ACCESS, SCHOOL, SHOPPING.....
Unit Size
1,166 Ft²
Days on Market
38 days
Land Size
0.19 acres
Price per sqft
$343
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1958
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Cap Rate Calculator
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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 #IV20028743)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 17, 2020 | Sold | ||
| Sold | |||
| Mar 10, 2020 | No longer available | - | |
| No longer available | |||
| Feb 8, 2020 | Listed by NATIONAL REALTY GROUP | $399,900 | |
| Listed by NATIONAL REALTY GROUP | |||
| Jan 20, 2020 | Price Decreased |
$409,900
↓ $10K
(2.4%) | |
| Price Decreased | |||
| Jan 4, 2020 | Listed | $419,900 | |
| Listed | |||
| | |||
|
....SPARKLING POOL AND SPA!!!......NEW, NEW, NEW DESGINER PAINT......KITCHEN WITH NEW GRANITE QUARTZ COUNTER, LIKE-NEW CABINETS, NEW APPLIANCES, NEW FAUCET, SINK, GARBAGE DISPOSAL....ELEGANT WOOD-LOOK TILES COVER, KTICHEN, LIVING ROOM, AND HALLWAY......ALMOST NEW UPGRADED CARPET IN BEDROOMS......DOUBLE PANE ENERGY EFFICIENT WINDOWS THROUGHOUT MAKE THE ROOMS UPDATED......GARAGE WITH NEW ROLL-UP GARAGE DOOR AND IS NEWLY DRYWALLED......POOL AND SPA AREA IS FENCED OFF WITH WROUGHT IRON FENCE/GATE AND LARGE BACK YARD WITH COVERED PATIO FOR FAMILY FUN!!!NOTICE THE VINYL FENCE ALL AROUND.....FANTASTIC AREA, MINUTES TO FREEWAY ACCESS, SCHOOL, SHOPPING..... The manager has listed the unit size as 1166 square feet.
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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
Beds
Baths
ft²
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HOA + Taxes
About Magnolia Center
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Listed by: JEAN TANNER, NATIONAL REALTY GROUP
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV20028743
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV20028743
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