Listed by: Kerie Edmead, Berkshire Hathaway HomeServices California Properties
$710,000
●
House -
Off Market
11744 Ringwood Avenue
Norwalk, CA 90650
3 Beds
1 Bath
1,359 Ft²
$3,192
Est. Monthly
About This Property
Welcome to this charming 3-bedroom, 1-bathroom home nestled in the
sought-after city of Norwalk. Conveniently located between the 605
and 5 freeways, making it
Commute-friendly whether you are going to Los Angeles or Orange County, and just blocks away from Downey! One of the highlights of this home is the expansive den that can be used as a 4th bedroom or perfect for hosting gatherings with friends and family. Has An attached garage that offers easy access to the home, adding convenience to your daily routine. Located in a prime location, this home is just moments away from shopping centers, grocery stores, schools, and parks. Don't miss out on the opportunity to make this your new home in Norwalk!
Commute-friendly whether you are going to Los Angeles or Orange County, and just blocks away from Downey! One of the highlights of this home is the expansive den that can be used as a 4th bedroom or perfect for hosting gatherings with friends and family. Has An attached garage that offers easy access to the home, adding convenience to your daily routine. Located in a prime location, this home is just moments away from shopping centers, grocery stores, schools, and parks. Don't miss out on the opportunity to make this your new home in Norwalk!
Unit Size
1,359 Ft²
Days on Market
56 days
Land Size
0.12 acres
Price per sqft
$478
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1951
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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: 3 years ago (CRMLS #PW24166677)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 8, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 5, 2024 | In contract | - | |
| In contract | |||
| Aug 12, 2024 | Listed by Berkshire Hathaway HomeServices California Properties | $649,900 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Norwalk
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Listed by: Kerie Edmead, Berkshire Hathaway HomeServices California Properties
Last Updated: 3 years ago
Data Source: CRMLS, MLS# PW24166677
Last Updated: 3 years ago
Data Source: CRMLS, MLS# PW24166677
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