8761 Sandhill Drive
About This Property
In today's fast-paced world, finding serenity is special, and this charming little house provides just that. It includes three perfectly sized bedrooms, all spotless and refreshed. The kitchen is the ideal size for family gatherings and entertaining and includes a spacious breakfast bar.
As soon as you close the front door, you step into your peaceful oasis, with plenty of space around you and no one looking in. Yet, when you step outside, you're just a few steps away from the multi-million dollar Thundersky recreational sports complex and top-rated schools, making this one of the most desirable neighborhoods in Riverside.
This house, priced to sell, is an excellent value for your investment. The lot spans over 10,000 square feet, while the house is just under 1,200 square feet. However, the large back patios make it feel much larger. Stop by and take a look-you won't be disappointed. You will not find another house at this price in this neighborhood with such an incredible piece of land, making it a perfect spot to create your forever home. Truly, it's a home that can grow with you.
The home has a brand-new heating and cooling system, a new water heater, and beautiful new flooring recessed lights and stylish plantation shutters. The primary bathroom is updated, and the interior has a fresh coat of paint. Imagine spending time in the backyard after a fun day at the park, gathering around the fire pit with friends and family while enjoying the cozy atmosphere created by the cafe' lights. One of the standout features is the excellent concrete pads on either side of the property, perfect for RV parking. Plus, with two spacious outdoor patio covers stretching the length of the home, you can enjoy your outdoor space all year round. These patios have lighting and fans to keep things comfortable, making them great for any occasion.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 19, 2025 | Sold | ||
| Sold | |||
| Aug 26, 2025 | In contract | - | |
| In contract | |||
| Aug 1, 2025 | Price Decreased |
$675,000
↓ $25K
(3.6%) | |
| Price Decreased | |||
| Jun 19, 2025 | Listed by Kimber/Alana Boutique Real Estate | $700,000 | |
| Listed by Kimber/Alana Boutique Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017