1
Map
$755,000
●
House -
Off Market
8085 Armagosa Drive
Riverside, CA 92508
4 Beds
2 Baths,
1
Half Bath
3,141 Ft²
$1,036,562
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model
About This Property
Beautiful Mediterranean Villa in the coveted, private, gated
community of Rancho Valencia. This home welcomes you right
away, with it's warm decor and bright, open, airy floor plan.
But, the real gem here is the beautifully designed, bright,
chef's kitchen, with quartz counter tops, exceptional design
elements and finishes, very high end Thermador and Viking
appliances, wine frig, built in lighted curio cabinetry, porcelain
farm sink and plenty of cabinets for the cook in the family! This
single story has a wonderful floor plan, more than 3100 square
feet, 4 bedrooms and 3 bathrooms, media center or workout space,
feels very open and spacious, with dark wood laminate floors,
quality carpet and upgraded pad in all the bedrooms, very clean!!
The exterior has a well thought out drought tolerant landscape
design, this large lot has plenty of room if you wanted to add a
pool, so many options. Dual pane windows and 2 newer A/C units with
dual zone controls, adding to the homes energy efficiencies.
Large corner lot!
Unit Size
3,141 Ft²
Days on Market
41 days
Land Size
0.71 acres
Price per sqft
$232
Property Type
House
Property Taxes
-
HOA Dues
$250
Year Built
2002
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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 #IV20044713)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 10, 2020 | Sold | ||
| Sold | |||
| Feb 29, 2020 | Listed by Crest Sotheby's International Realty | $729,000 | |
| Listed by Crest Sotheby's International Realty | |||
| Jan 11, 2018 | Sold | ||
| Sold | |||
| Dec 6, 2017 | Listed by HAWARDEN HILLS PROPERTIES | $655,000 | |
| Listed by HAWARDEN HILLS PROPERTIES | |||
| | |||
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RANCHO VALENCIA, one story. Remodeled dream home. Kitchen includes high end stainless appliances, Viking Refrigerator, warming drawer, wine refrigerator, Carrera Marble counter tops, farmhouse sink, walk-in pantry. Kitchen has a large island for entertaining. LED recessed lighting throughout the home. Private large master bedroom and bath with walk-in closet. Formal Living and dining area. The laundry room has upgraded flooring and lots of storage. Custom paint, Beautiful crown molding, baseboards are 7 1/2 inch. New French doors leading to covered patio from family room and master bedroom. Remodeled 3rd full bath. Customized closets throughout. Garage floors have epoxy flooring and 3rd car garage has a Wireless garage door. High efficiency Lennox HVAC 19 seer system with Wifi thermostats. Entry has a wonderful private court yard. RV parking behind gates. New drought landscape in front yard and back yard. Orange grove in the rear. This home is absolutely beautiful, a must to see for the most discriminate buyers, Turnkey.
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Property Highlights
Garage
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Mission Grove
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Listed by: JODI KACZMAREK, Crest Sotheby's International Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV20044713
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV20044713
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