$372,000
●
House -
Off Market
9925 Rhinelander Drive
Riverside, CA 92503
3 Beds
2 Baths
1,167 Ft²
$578,219
RealtyHop Estimate
58.42%
Since Jan 1, 2018
National-US
Primary Model
About This Property
When it comes to starter homes, this one ranks at the top of the
list! Absolutely adorable with all the bells and whistles. The 3
bedroom, 2 bath floor plan includes an extra room that would make a
great office. The kitchen has been remodeled and includes
concrete counter tops with mosaic glass backsplash and stainless
steel appliances. The master suite includes his & hers
closets (one walk-in) and a french door leading to the yard. Other
features and amenities include updated windows, wood blinds, new
carpet and air conditioning. Centrally located in the heart of
Riverside, and minutes away from The Galleria, parks and dining.
Great location for commuters with quick access to the 91 Freeway.
Truly one of the best homes on the market in this price point!
Unit Size
1,167 Ft²
Days on Market
38 days
Land Size
0.16 acres
Price per sqft
$313
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1987
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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 #IV17258100)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 1, 2024 | No longer available | - | |
| No longer available | |||
| Jan 11, 2024 | In contract | - | |
| In contract | |||
| Jan 6, 2024 | Relisted | $615,000 | |
| Relisted | |||
| Dec 30, 2023 | In contract | - | |
| In contract | |||
| Dec 16, 2023 | Listed by Keller Williams Realty Corona | $615,000 | |
| Listed by Keller Williams Realty Corona | |||
| | |||
|
Beautiful Single Story Three Bedroom, Two Bath Home Recently Updated. Bright Kitchen with Quartz Countertops, Stainless Steel Appliances with Eat-In Area at the Kitchen. Large Window lets the Morning Light In. Newer Wood Laminate Flooring in the Kitchen and Family Room. Cozy Fireplace in the Family Room with Cathedral Ceiling and Newer Sliding Door that Leads to the Backyard. Large Backyard with Orange and Lemon Tree and Beautiful Shade Tree. Shed in Backyard has been Converted to a Workout Area. Two Car-Garage with Direct Access and Long Driveway. Close to Shopping, Restaurants and Freeway Access. Great Location in Riverside. The manager has listed the unit size as 1167 square feet.
| |||
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Property Highlights
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Arlington South
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Listed by: LISA ANDRE, COLDWELL BANKER RES. BROKERAGE
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IV17258100
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IV17258100
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