1109 Maertin Lane
About This Property
The lot is over 8,475 sq ft, with automatic sprinklers, has a large private backyard with plenty of room for the kids to play or to add a pool. It has a detached two car garage with lots of room to park cars or toys. Close to desirable schools in Fullerton, Acacia elementary, Troy High, CSUF, plus St Juliana's elementary and Rosary High. There is a swim club (optional) nearby.
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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 |
|---|---|---|---|
| Nov 5, 2018 | Sold | ||
| Sold | |||
| Sep 14, 2018 | Listed by Century 21 Discovery | $715,000 | |
| Listed by Century 21 Discovery | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017