$370,000
●
House -
Off Market
8463 Via Norte Drive
Riverside, CA 92503
3 Beds
1 Bath
1,677 Ft²
$569,883
RealtyHop Estimate
51.97%
Since Feb 1, 2019
National-US
Primary Model
About This Property
Charming home located in Arlanza Downs. This home has been lovingly
maintained by the owner for over 50 years. Featuring 3 bedrooms,
1.75 bathrooms, spacious formal living room, kitchen with
breakfast bar and dinette area, huge family room with fireplace and
large laundry room with sink and folding area (washer and dryer
included) and newer water heater. The curb appeal alone earns
this home an A+ with its low maintenance landscaping. The
back yard is great for entertaining and very private with 8 foot
block walls. There's a sparkling pool and spa for those hot summer
days and 2 covered patio areas to help keep you shaded. The
television mounted outside to the wall will be included.
Close to shopping and schools. This truly is a must see home!
Unit Size
1,677 Ft²
Days on Market
85 days
Land Size
0.16 acres
Price per sqft
$224
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1957
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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: 5 months ago (CRMLS #IV18258147)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 18, 2019 | Sold | ||
| Sold | |||
| Oct 25, 2018 | Listed by COLDWELL BANKER RES. BROKERAGE | $375,000 | |
| Listed by COLDWELL BANKER RES. BROKERAGE | |||
Property Highlights
Air Conditioning
Fireplace
Garage
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
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Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Arlanza
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Listed by: LISA ANDRE, COLDWELL BANKER RES. BROKERAGE
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IV18258147
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IV18258147
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