$330,000
●
House -
Off Market
8787 Gael Lane
Riverside, CA 92503
3 Beds
2 Baths,
1
Half Bath
1,484 Ft²
$524,539
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model
About This Property
Great starter home in the gated community of Chaumont. Featuring an
open and airy floor plan, with 3 bedrooms (all upstairs), 2.5
baths, a downstairs laundry room and an attached two car garage.
Upgrades and amenities include ceramic tile floors and berber
carpet, recessed lighting and a scenic front porch to take in the
views of the lush grounds. The living room features a cozy gas
fireplace for winter nights. The kitchen has upgraded maple
cabinets, corian counters, a breakfast bar and a pantry. Large
master suite includes walk-in closet, double vanity and soaking tub
with separate shower. The low maintenance enclosed yard has pavers,
and is ideal for pets, barbecuing and alfresco dining. Community
amenities include a pool and spa, as well as a greenbelt area with
a covered gazebo. Home is located near California Baptist
University, parks, schools, shopping, restaurants and the 91
Freeway. Truly a turnkey home that would make a perfect starting
point into home ownership.
Unit Size
1,484 Ft²
Days on Market
28 days
Land Size
0.05 acres
Price per sqft
$222
Property Type
House
Property Taxes
-
HOA Dues
$155
Year Built
2006
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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: 5 months ago (CRMLS #IV17207603)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2017 | Sold | ||
| Sold | |||
| Sep 8, 2017 | Listed by COLDWELL BANKER RES. BROKERAGE | $330,000 | |
| Listed by COLDWELL BANKER RES. BROKERAGE | |||
Property Highlights
Garage
Air Conditioning
Fireplace
With View
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 Presidential Park
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Listed by: LISA ANDRE, COLDWELL BANKER RES. BROKERAGE
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IV17207603
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IV17207603
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