$585,000
●
House -
Off Market
10614 Shellyfield Road
Downey, CA 90241
3 Beds
2 Baths
1,290 Ft²
$847,545
RealtyHop Estimate
47.40%
Since Aug 1, 2019
CA-Los Angeles
Primary Model
About This Property
You will be charmed by this Downey eastside home tucked away in a
quaint, family-friendly neighborhood steps away from restaurants
and shops. With a lot size over 5,800 sf, the home features
hardwood floors, three nicely sized bedrooms, a bright sunroom, new
roof, updated electrical system, and energy efficient upgrades that
include new windows, sun tunnels, insulation, LED lighting, and
SunRun solar power. Additional features include new paver hardscape
driveway, cozy dining area, plenty of storage space, a
well-maintained yard with a beautifully mature California Pepper
Tree, Vivint security system, and a two-car garage. Home schools
for this property are Rio San Gabriel ES, Doty MS, and Downey HS.
Unit Size
1,290 Ft²
Days on Market
36 days
Land Size
0.13 acres
Price per sqft
$446
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1948
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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 #PW19146372)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 26, 2019 | Sold | ||
| Sold | |||
| Jun 20, 2019 | Listed by Coldwell Banker Coastal Alliance | $575,000 | |
| Listed by Coldwell Banker Coastal Alliance | |||
Property Highlights
Garage
Air Conditioning
Fireplace
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
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Asking Price
Listed On
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Sold On
Sold On
HOA + Taxes
About Downey
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Derrick Muska, Coldwell Banker Coastal Alliance
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW19146372
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW19146372
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