8605 Bruce Avenue
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 8, 2025 | Sold | ||
| Sold | |||
| May 22, 2025 | In contract | - | |
| In contract | |||
| May 12, 2025 | Listed by HAUS OF REAL ESTATE | $590,000 | |
| Listed by HAUS OF REAL ESTATE | |||
| Apr 29, 2025 | Price Decreased |
$589,999
↓ $10K
(1.6%) | |
| Price Decreased | |||
| Mar 7, 2025 | Listed | $599,499 | |
| Listed | |||
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QUALIFIES FOR FHA FINANCING, ADU POTENTIAL, MOVE IN READY, PEACE OF MIND. Everything you are looking you will find here at 8605 Bruce Ave in the beautiful city of Riverside, CA. The home has recently been renovated and boasts contemporary comfort and style. This beautifully renovated single story 3 bedroom 2 bathroom home is move in ready and offers stylish finishes the house has been completed rewired with a new panel box upgrade. The brand new pex plumbing along with new electrical ensure peace of mind for the buyers to come. Discover the allure of new flooring and paint, setting the stage for elegant living spaces. The heart of the home, the kitchen, has been completely reinvented with sleek finishes, while the bathrooms offer a spa-like retreat with their contemporary design and luxurious amenities. The large patio makes this home the perfect for entertainers, the large 6,969 sq ft lot has endless possibilities, with room for and ADU this blank slate is ready for your imagination. With its desirable location and unparalleled upgrades, this Riverside residence sets a new standard for sophisticated California living.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017