$403,000
●
House -
Off Market
8641 Ouida Drive
Riverside, CA 92504
3 Beds
2 Baths
1,656 Ft²
$593,413
RealtyHop Estimate
48.39%
Since May 1, 2019
National-US
Primary Model
About This Property
HUGE PRICE REDUCTION!! Welcome home to this gorgeous Riverside
remodel! Located on a family friendly, quiet, tree-lined
street--this is the upgraded, charming home you have been searching
for! The entire home has been renovated and has brand new flooring,
paint, and appliances--even the toilets are new! Quartz
counter tops, self-closing drawers, sparkling stainless steal
appliances and fresh, white cabinets are featured in the kitchen
which is bright and full of natural light! The large, formal dining
room leads to a HUGE sunken living room providing a ton of space
and pure POSSIBILITY. The large master suite has a glass
sliding door leading out to the backyard. The huge backyard
is very private, wraps around the property and boasts fruit trees
as well as a workshop which can be turned into a craft room, play
house, or small retreat. Home has a brand new AC, furnace,
plaster walls, and most windows have been replaced. The two
car garage is finished, has been freshly painted and provides built
in shelving. Walking distance to Monroe Elementary, and easy access
to freeways, shopping, and schools. PRICED TO SELL!
Unit Size
1,656 Ft²
Days on Market
253 days
Land Size
0.15 acres
Price per sqft
$241
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: 4 months ago (CRMLS #SW18203376)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 30, 2019 | Sold | ||
| Sold | |||
| Aug 20, 2018 | Listed by Warren D. Barrett, Broker | $399,900 | |
| Listed by Warren D. Barrett, Broker | |||
Property Highlights
Air Conditioning
Fireplace
Garage
Parking Available
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 Ramona
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Listed by: Nichole Quiroz, Warren D. Barrett, Broker
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW18203376
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW18203376
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