$775,000
●
House -
Off Market
8096 Armagosa Drive
Riverside, CA 92508
4 Beds
3 Baths
3,098 Ft²
$1,143,161
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model
About This Property
**Wow** Riverside's Prestigious Rancho Valencia Orange Grove
location. This home is immaculate inside and out, current owner
spared no expense on this beautiful single story home. It is
a big list so here are a few of the upgrades added to this home:
travertine tile/real wood flooring, designer paint,
wainscoting thru out home, remodeled kitchen with Theramador range,
sub zero refrigerator, 2 ovens, veggie sink, quartz counter tops,
wine refrigerator, "Closet World" in all the closets, custom
built-ins in various rooms, 3 and 5 inch crown moldings and
baseboards, shutters in all the windows, high end light fixtures
and ceiling fans, remodeled master bath room with quartz counter
tops , big 6' soaking tub, dual sinks, vanity... Exterior there is
a sparkling salt water system pool, large covered patio with
fireplace, BBQ island, grass play area, rv/toy/boat parking and of
course lots of orange trees. Could this be your home? Oh did I
mention the solar panels that are included in sale? NOT a leased
system you would own it a have the benefits of a reduced electric
bill, you wont have to worry about the electric bill anymore.
Unit Size
3,098 Ft²
Days on Market
41 days
Land Size
0.55 acres
Price per sqft
$250
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 #IV19090412)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 31, 2019 | Sold | ||
| Sold | |||
| Apr 20, 2019 | Listed by RE/MAX HORIZON | $774,900 | |
| Listed by RE/MAX HORIZON | |||
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
Beds
Baths
ft²
Price/ft²
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Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Mission Grove
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Listed by: THOMAS HARNESS, RE/MAX HORIZON
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV19090412
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV19090412
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