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$590,000
●
House -
Off Market
11382 Frankmont Street
El Monte, CA 91732
3 Beds
2 Baths
1,614 Ft²
$909,179
RealtyHop Estimate
49.07%
Since Oct 1, 2018
CA-Los Angeles
Primary Model
About This Property
This Well-Loved, El Monte, Single Story Home has been owned by the
same family for over 39 years. Newer windows and beautiful
hardwood floors are just some of what this lovely home has to
offer. With a large kitchen, indoor laundry, formal living
room and dining room; this spacious house is waiting for a new
family to make it their home. Newer central air and heat will
keep you warm in the winter and cool in the summer heat. To
add more value and space, the home has a well finished, fully
enclosed sun-room. The 2 car, detached garage is finished and
has a workshop attached to the back. The backyard has mature
fruit trees that bear. The trees include orange, fig, lemon
and a giant avocado. Don't miss this wonderful opportunity!
Unit Size
1,614 Ft²
Days on Market
71 days
Land Size
0.17 acres
Price per sqft
$378
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1958
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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 #BB18174825)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 30, 2018 | No longer available | - | |
| No longer available | |||
| Sep 27, 2018 | Sold | ||
| Sold | |||
| Aug 21, 2018 | Listed | $609,888 | |
| Listed | |||
| | |||
|
This Well-Loved, El Monte, Single Story Home has been owned by the same family for over 39 years. Newer windows and beautiful hardwood floors are just some of what this lovely home has to offer. With a large kitchen, indoor laundry, formal living room and dining room; this spacious house is waiting for a new family to make it their home. Newer central air and heat will keep you warm in the winter and cool in the summer heat. To add more value and space, the home has a well finished, fully enclosed sun-room. The 2 car, detached garage is finished and has a workshop attached to the back. The backyard has mature fruit trees that bear. The trees include orange, fig, lemon and a giant avocado. Don't miss this wonderful opportunity! The manager has listed the unit size as 1614 square feet.
| |||
| Jul 18, 2018 | Listed by Redfin Corporation | $609,888 | |
| Listed by Redfin Corporation | |||
Property Highlights
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
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Norwood Cherrylee
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Listed by: Karen Ulloa, Redfin Corporation
Last Updated: 5 months ago
Data Source: CRMLS, MLS# BB18174825
Last Updated: 5 months ago
Data Source: CRMLS, MLS# BB18174825
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