Listed by: Andrew Fomai, First Team Real Estate
$865,000
●
House -
Off Market
11581 Samuel Drive
Garden Grove, CA 92840
3 Beds
2 Baths,
1
Half Bath
1,454 Ft²
$4,120
Est. Monthly
About This Property
Welcome to 11581 Samuel Drive! This darling single story home has
endless possibilities. Original hardwood floors and charm highlight
the era of this cherished 3 bedroom and 1 1/2 half bath home.. The
permitted bonus room of approximately 316 SF is located off
the living room and ideal space as a family room or potential 4th
bedroom! This is the perfect opportunity for a first time home
buyer, investor, or family looking to put their personal touch on
designer elements. Located in a prime neighborhood, this period
perfect home is sure to be one on your list to see. The
possibilities are endless with the potential for a Junior ADU..
Commuter friendly, centrally located in the Heart of Orange County,
minutes away from shopping, the Block of Orange, UCI Medical
Center, Kaiser Permanente, Sprouts, The Anaheim Angel Stadium, the
Honda Center, the ARTIC, Disneyland, Knotts Berry Farm, easy
freeway access and more, the only thing missing is YOU! I don't
expect this home to last long. Don't wait for this opportunity to
pass you by. Inventory list in the area is extremely short and very
limited. Best,
Unit Size
1,454 Ft²
Days on Market
44 days
Land Size
0.17 acres
Price per sqft
$577
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: 2 years ago (CRMLS #PW24239978)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 8, 2025 | Sold | ||
| Sold | |||
| Dec 4, 2024 | In contract | - | |
| In contract | |||
| Nov 25, 2024 | Listed by First Team Real Estate | $839,000 | |
| Listed by First Team Real Estate | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Garden Grove
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Listed by: Andrew Fomai, First Team Real Estate
Last Updated: 2 years ago
Data Source: CRMLS, MLS# PW24239978
Last Updated: 2 years ago
Data Source: CRMLS, MLS# PW24239978
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