$318,000
●
House -
Off Market
7228 Pontoosuc Avenue
Riverside, CA 92504
2 Beds
1 Bath
868 Ft²
$484,953
RealtyHop Estimate
47.00%
Since Jul 1, 2019
National-US
Primary Model
About This Property
Rennovated gorgeous home in the highly desired quiet Greenbelt area
of Riverside! Technology friendly home features such as EcoBee
thermostat and Nest outdoor cameras. Updated with custom kitchen
cabinets, kitchen backsplash, large pantries, bamboo wood flooring,
luxury carpet, ceramic tile, plumbing replaced in 2016, new central
heating and air system with new ducting added in 2017, new
baseboards in 2018. Large backyard with no neighbors behind that's
great for entertaining, children's play area, or even room for
future home addition or pool and spa! Budget friendly low
maintenance landscaping. Hard to find indoor laundry in the hallway
and upgraded bathroom is complete with large vanity that has lots
of storage! Each spacious bedroom complete with walk in closets.
This home even has room to park 4+ vehicles easily! Take advantage
of one of the lowest property tax rate in the county at just 1.05%
with no HOA or Mello Roos! Perfect one story home for first time
buyer, investor, or even couple downsizing in retirement!
Unit Size
868 Ft²
Days on Market
71 days
Land Size
0.14 acres
Price per sqft
$380
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1957
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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 #IG19089058)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 28, 2019 | Sold | ||
| Sold | |||
| Apr 18, 2019 | Listed by Re/Max Partners | $329,900 | |
| Listed by Re/Max Partners | |||
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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Listed On
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Sold On
Sold On
HOA + Taxes
About Arlington Heights
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Listed by: Joseph Soto, Re/Max Partners
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IG19089058
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IG19089058
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