1
Map
$450,000
●
House -
Off Market
8771 Marlene Street
Riverside, CA 92503
4 Beds
2 Baths
1,508 Ft²
$643,362
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model
About This Property
..New, New, New everything throughout...RV parking with double
gates...Lots of brick work in the front for abundant curb
appeal!!!.heavy duty custom Entry door with a security door...New
paint inside and outside throughout......Gourmet kitchen with New,
New, New cabinets, New granite quartz counter, New stainless steel
sink, faucet, garbage disposal and New stainless steel
appliances.....4th bedroom is an extra large bonus room
currently.......New recessed lights everywhere..Master bath is NEW,
new, new with designer tiled tub and separate shower.....new
toilets....new vanities for both bathrooms..New doors.....New
closet doors (on order with Lowes).......New designer tile shower
for hall way bath too...New upgraded circuit breaker.....New, New,
New double pane windows everywhere including New French doors to
back yard from kitchen and master bedroom..New tile flooring in
kitchen and bathrooms.....New laminate wood floor in Family Room,
Bonus/4th Bedroom and hallway......New Upgraded carpet in
bedrooms...........New drywalled garage with New roll-up garage
door.....New baseboards....new Crown Moulding......Fantastic
location, a minute to freeway access, major shopping, and
school......Tile Roof.....Large pool size back yard....NO HOA...
Unit Size
1,508 Ft²
Days on Market
38 days
Land Size
0.17 acres
Price per sqft
$298
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1986
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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 #IV20018203)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 6, 2020 | Sold | ||
| Sold | |||
| Jan 28, 2020 | Listed by NATIONAL REALTY GROUP | $449,900 | |
| Listed by NATIONAL REALTY GROUP | |||
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
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Baths
ft²
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Listed On
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Sold On
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HOA + Taxes
About Presidential Park
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Listed by: JEAN TANNER, NATIONAL REALTY GROUP
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV20018203
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV20018203
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