7907 Ruth Way
About This Property
Lovingly maintained by its original owners, this home welcomes you with brand-new carpet throughout and a comfortable, thoughtfully designed layout. The living room features a cozy fireplace, while a large bonus room-with its own fireplace-offers flexible space that could easily serve as a fourth bedroom, home office, or media room.
The kitchen features tile flooring and tile countertops, a convenient breakfast bar for casual dining, and a bright breakfast nook overlooking the backyard-ideal for morning coffee or family meals.
One of the two bathrooms includes direct access to the backyard, perfect for guests enjoying the outdoor amenities. Step outside and you'll find ain-ground pool with an attached in-ground spa-a great spot to unwind and enjoy warm Southern California days. The backyard is a true blank slate with a multitude of options. With its flat, usable layout, it's ideal for large gatherings, gardening, sports courts, an ADU, or creating your dream backyard.
Enjoy outdoor dining under the covered patio, and take advantage of wide side yards, potential RV parking, and room to expand. The attached 2-car garage adds storage and convenience to this already functional home.
Located in one of Riverside's most desirable neighborhoods, this property offers peaceful suburban living while remaining close to RUSD schools, shopping, dining, and freeway access.
This is a rare opportunity to own a well-cared-for home in Alessandro Heights that has never been on the market. With a large lot, two fireplaces, a pool and spa, and endless potential, this home is ready for your personal touch. Come experience it in person-schedule your private tour today! Some of the photos have been virtually staged to show potential design options
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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 |
|---|---|---|---|
| May 28, 2025 | Sold | ||
| Sold | |||
| May 1, 2025 | In contract | - | |
| In contract | |||
| Apr 17, 2025 | Listed by Vylla Home, Inc. | $840,000 | |
| Listed by Vylla Home, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017