$415,000
●
House -
Off Market
8449 Shalimar Place
Riverside, CA 92504
3 Beds
1 Bath,
1
Half Bath
1,000 Ft²
$593,583
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model
About This Property
Upgraded single family home in the great city of Riverside! This 3
bed 2 bath home has gone through extensive updates in the last few
years! This charming house offers just the right amount of living
area including a cozy fireplace that has been redone making it
perfect for family gatherings and a spacious backyard. The kitchen
has been remodeled with gorgeous granite counter tops, newer
cabinets. Updated wood-look tile flooring, newer dual pane windows.
All bathrooms have been updated with new fixtures (bathtub,
toilets, vanities)! Some of the electrical has been updated
(recessed lights in the hallway, new vanity lighting in the
bathrooms) But wait there is more! The backyard has a large covered
patio that was installed in the last year along with a fire pit in
the back for those cold nights! This home has a large driveway
along with a 2 car garage with epoxy flooring making it perfect for
extra parking! Located close to shopping centers, restaurants and
entertainment. This property is ready to be called home to whoever
wants to take advantage of this awesome opportunity!
Unit Size
1,000 Ft²
Days on Market
50 days
Land Size
0.18 acres
Price per sqft
$420
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1976
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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 #IG20067105)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 22, 2020 | Sold | ||
| Sold | |||
| Mar 29, 2020 | Listed by Keller Williams Realty | $420,000 | |
| Listed by Keller Williams Realty | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Presidential Park
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Manuel Ramos, Keller Williams Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IG20067105
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IG20067105
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