$599,000
●
House -
Off Market
10938 Molette Street
Norwalk, CA 90650
3 Beds
1 Bath,
1
Half Bath
1,111 Ft²
$880,426
RealtyHop Estimate
46.98%
Since Jun 1, 2019
CA-Los Angeles
Primary Model
About This Property
Incredible home, completely rebuilt from the studs (all of the work
was permitted through the city by the seller)! This corner lot has
commanding frontage / curb appeal and sits on a wonderful street.
Everything in the home is brand new and completed with high-end
finishes. New dual-pane windows throughout, new A/C and furnace in
attic with new ducts. A 2nd bathroom was added to accommodate
a family. All new Electrical, Plumbing, and Appliances were done on
this property. With Craftsman style kitchen and bathrooms, stone
counters, soft-closing drawers / cabinets, and Italian Carrara
marble fireplace, this home will surpass any buyer's expectations.
The 4 CAR GARAGE is waiting for someone's creativity to take over
and make use of this massive space. RV parking and large backyard
is waiting for someone to come and play. This is the home that has
it all!
Unit Size
1,111 Ft²
Days on Market
36 days
Land Size
0.13 acres
Price per sqft
$539
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1954
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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 #NP19072046)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 7, 2019 | Sold | ||
| Sold | |||
| Apr 1, 2019 | Listed by HANOLD PROPERTIES | $599,000 | |
| Listed by HANOLD PROPERTIES | |||
Property Highlights
Air Conditioning
Fireplace
Garage
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 Norwalk
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Listed by: Regan Beegle, HANOLD PROPERTIES
Last Updated: 4 months ago
Data Source: CRMLS, MLS# NP19072046
Last Updated: 4 months ago
Data Source: CRMLS, MLS# NP19072046
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