$380,000
●
House -
Off Market
8743 Pinelane Circle
Riverside, CA 92508
3 Beds
2 Baths
1,125 Ft²
$592,375
RealtyHop Estimate
51.97%
Since Feb 1, 2019
National-US
Primary Model
About This Property
PRICE REDUCED!!! Welcome to Orangecrest! This 3 bedroom, 2 bath
1,125 sqft home is located in one of the most desired areas in
Riverside. The school district alone is enough to get people
excited about this house, but it has so much more.
Located on a Cul-De-Sac the lot size gives ample room for gatherings. The home has been extensively upgraded and maintained and boasts a new HVAC System, New Water Heater, New Windows, Fresh Paint and Carpet that is only a year or so old. Don't let the size fool ya, it is set up perfect with a "great room" feel. One big room attached to the kitchen and dining room make it a spacious area for everyone. Patio is set up with concrete and patio cover and ready for your BBQ weekends. You don't want to miss this one!!
Located on a Cul-De-Sac the lot size gives ample room for gatherings. The home has been extensively upgraded and maintained and boasts a new HVAC System, New Water Heater, New Windows, Fresh Paint and Carpet that is only a year or so old. Don't let the size fool ya, it is set up perfect with a "great room" feel. One big room attached to the kitchen and dining room make it a spacious area for everyone. Patio is set up with concrete and patio cover and ready for your BBQ weekends. You don't want to miss this one!!
Unit Size
1,125 Ft²
Days on Market
130 days
Land Size
0.22 acres
Price per sqft
$346
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1989
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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 #IV18224997)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 22, 2019 | Sold | ||
| Sold | |||
| Sep 14, 2018 | Listed by NEXTHOME CITRUS CITY | $389,800 | |
| Listed by NEXTHOME CITRUS CITY | |||
Property Highlights
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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ft²
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HOA + Taxes
About Orangecrest
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Listed by: SCOTT GIESER, NEXTHOME CITRUS CITY
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV18224997
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV18224997
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