7640 Sweet Ranch Circle
About This Property
The heart of the home is the modern kitchen, complete with granite countertops, a center island, ample cabinetry, and seamless flow into the living and dining areas. High ceilings and plantation shutters add an elegant touch while filling the home with a bright, inviting atmosphere.
The private primary suite offers a walk in closet and an ensuite bathroom featuring a dual sink vanity. Three additional bedrooms provide flexibility for family, guests, or a home office. Vinyl flooring in the kitchen and hallway offers durability and easy maintenance, while plush carpeting in the living room and bedrooms creates a warm, comfortable feel.
Additional features include central heating and air conditioning, a dedicated laundry room, tankless water heater, attached two car garage, and leased solar to help improve energy efficiency.
Step outside to a backyard designed with entertaining in mind, offering plenty of space to host barbecues or relax with friends
Conveniently located near Spring Mountain Ranch Community Park, residents can enjoy playgrounds, picnic areas, basketball courts, volleyball courts, and walking paths. The home also offers easy access to downtown Riverside, the University of California, Riverside, shopping, and dining
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 27, 2026 | Price Decreased |
$728,888
↓ $112
(0%) | |
| Price Decreased | |||
| Sep 7, 2026 | Price Decreased |
$729,000
↓ $16K
(2.2%) | |
| Price Decreased | |||
| Aug 22, 2026 | Price Decreased |
$745,000
↓ $3K
(0.4%) | |
| Price Decreased | |||
| Aug 8, 2026 | Price Decreased |
$748,000
↓ $1K
(0.1%) | |
| Price Decreased | |||
| Jul 17, 2026 | Listed by Coldwell Banker Realty | $749,000 | |
| Listed by Coldwell Banker Realty | |||
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About Highgrove
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017