1050 Cerritos Drive
About This Property
This stunning home rests on an tree-lined, interior street of the community with minimal traffic. The park-like yards are professionally manicured with an automatic sprinkler system, patio area, fruit trees, block, vinyl and wood walls for privacy. The location of this home is within Fullerton Joint Union School District, minutes from Downtown Fullerton, Fullerton Trail, Hillcrest Park, St. Jude's Hospital, and transportation.
THIS IS A MUST SEE HOME
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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 |
|---|---|---|---|
| Oct 1, 2019 | No longer available | - | |
| No longer available | |||
| Sep 28, 2019 | Listed | $849,888 | |
| Listed | |||
| | |||
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Welcome, to this beautiful single story home nestled in the highly desired Golden Hills community of Fullerton. First time in 40 years this home is being offered to you. This home features 3 spacious bedrooms, POSSIBLY OF 4TH BEDROOM OPTION, 2 bathrooms, large galley kitchen, oversized family living room w/ fireplace, separate dining area, HUGE room that has many functions, could be a den, 4th bedroom or study. This one of a kind home also features a large custom inside laundry room and office area with its own entrance from the backyard. This well maintained home has an open floor plan with countless options. Other features that standout: dual pane windows, Central Air Conditioning. Forced heat, all house fan, & newer roof, The two car detached garage with opener sits at the end of a long driveway with ample parking. Attached to the garage is a custom workshop and also a storage shed. This stunning home rests on an tree-lined, interior street of the community with minimal traffic. The park-like yards are professionally manicured with an automatic sprinkler system, patio area, fruit trees, block, vinyl and wood walls for privacy. The location of this home is within Fullerton Joint Union School District, minutes from Downtown Fullerton, Fullerton Trail, H The manager has listed the unit size as 2220 square feet.
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| Aug 8, 2019 | Sold | ||
| Sold | |||
| Apr 1, 2019 | Listed by Archuleta Realty | $839,000 | |
| Listed by Archuleta Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017