$345,000
●
House -
Off Market
9740 Belmont Drive
Riverside, CA 92503
3 Beds
1 Bath
1,175 Ft²
$498,168
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model
About This Property
....RV PARKING with double Gates...Solar panel service fee paid up
front for 20 years!!!!...NEW, NEW, NEW, NEW Central Air Cond
(Condenser to be installed right before closing for security
reasons) and Heating.............New, New, New designer
paint.......Kitchen with New Quartz counter, New Stainless Steel
Appliances, New Garbage Disposal, New Sinks, and New faucet
(missing cabinet doors to be installed as they are on
order)........New Laminate Wood in Kitchen and Livingroom......New
Reglazed tub in bathroom with New tile floor make the bathroom look
bright and new.....All Windows are Double Pane Energy Efficient
Windows.....Bedrooms with New Doors and New Closet Doors with New
upgraded Carpet......Indoor Laundry.......Detached 2 car Garage
with roll-up Garage doors is spacious.....Large Pool Sized back
yard had One Large Shed and one small Shed for extra storage.......
Unit Size
1,175 Ft²
Days on Market
93 days
Land Size
0.19 acres
Price per sqft
$289
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1952
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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 #IV19129787)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 6, 2019 | Sold | ||
| Sold | |||
| Jun 5, 2019 | Listed by NATIONAL REALTY GROUP | $339,900 | |
| Listed by NATIONAL REALTY GROUP | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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About Arlington
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Listed by: JEAN TANNER, NATIONAL REALTY GROUP
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV19129787
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV19129787
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