$785,000
●
House -
Off Market
11260 Jerry Place
Cerritos, CA 90703
4 Beds
3 Baths
1,830 Ft²
$1,088,440
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model
About This Property
LARGE single story home! This 4 bedroom 3 bath (2 master bedrooms)
offers 1,830 sq. ft of bright living space. This home offers
a living room, dining room, family kitchen with views into the
large family room that has high vaulted ceilings and large brick
fireplace. The two master bedrooms have attached bathrooms, one
with a large soaking tub and a custom built bedroom built ins. Both
Masters open up their sliding doors to a shared patio. One of
the masters and bathrooms was added 10 years ago and is fully
permitted. Upgrades include a semi remolded kitchen, central air
and heat, upgraded electrical, a 30 year roof installed 10 years
ago, stone counter tops, stainless steel appliances, newer double
pane windows, recess lighting, a large curved driveway that can
also fit a small recreation vehicle or boat. Home Located in
the ABC school district, close to Malls, Liberty park, and lots of
dining options. Please see 3D Tour
Unit Size
1,830 Ft²
Days on Market
41 days
Land Size
0.14 acres
Price per sqft
$429
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1970
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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 #RS20101119)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 7, 2020 | Sold | ||
| Sold | |||
| May 27, 2020 | Listed by Re/Max College Park Realty | $785,000 | |
| Listed by Re/Max College Park Realty | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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ft²
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Asking Price
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Sold On
Sold On
HOA + Taxes
About Cerritos
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Listed by: Maria Garcia, Re/Max College Park Realty
Last Updated: 5 months ago
Data Source: CRMLS, MLS# RS20101119
Last Updated: 5 months ago
Data Source: CRMLS, MLS# RS20101119
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