Listed by: BRENT LEE, Windermere Tower Properties
$668,000
●
House -
Off Market
8535 Limestone Drive
Riverside, CA 92504
4 Beds
2 Baths
1,416 Ft²
$3,280
Est. Monthly
About This Property
Located in Riverside's Presidential Park neighborhood, close to
Arlington Heights and Riverside's Greenbelt. This single story
ranch-style home has been recently remodeled and upgraded and is
ready for move in. The outside has a fresh coat of paint, new
landscaping, and a freshly plastered pool in the backyard. New
luxury vinyl plank flooring flows throughout the home and into the
bedrooms. A large living area combines the living/family room,
dining area, and kitchen proving an open space for gathering. Newly
painted interior and baseboards make for a clean and welcoming
appearance, The kitchen has white shaker cabinetry, soft close
hinges, quartz countertops, stainless steel sink and appliances.
There are 3 guest bedrooms, all with nice sized closets, ceiling
fan and window coverings. The guest bathroom has a shower in tub,
newer vanity, toilet and lighting. The primary bedroom has it's own
bathroom with walk-in tiled shower, newer vanity, and a sliding
glass door to the backyard and pool area. This home shows
beautifully and backs up to the park. Move in before the end of the
year.
Unit Size
1,416 Ft²
Days on Market
69 days
Land Size
0.18 acres
Price per sqft
$472
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1977
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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: 2 years ago (CRMLS #IV24234958)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 23, 2025 | Sold | ||
| Sold | |||
| Dec 22, 2024 | In contract | - | |
| In contract | |||
| Dec 22, 2024 | Price Decreased |
$660,000
↓ $10K
(1.5%) | |
| Price Decreased | |||
| Dec 11, 2024 | Price Decreased |
$670,000
↓ $5K
(0.7%) | |
| Price Decreased | |||
| Dec 4, 2024 | Price Decreased |
$675,000
↓ $20K
(2.9%) | |
| Price Decreased | |||
Show More
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
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Presidential Park
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Listed by: BRENT LEE, Windermere Tower Properties
Last Updated: 2 years ago
Data Source: CRMLS, MLS# IV24234958
Last Updated: 2 years ago
Data Source: CRMLS, MLS# IV24234958
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