12141 Candy Lane
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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%.
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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.
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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 |
|---|---|---|---|
| Jan 24, 2019 | No longer available | - | |
| No longer available | |||
| Jan 18, 2019 | Sold | ||
| Sold | |||
| Nov 29, 2018 | Listed | $548,000 | |
| Listed | |||
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Designed in 1955 by renowned architect Cliff May who is best known as the father of the suburban CA ranch home, this special home located on a sprawling 7,440 square foot lot in Garden Grove is defined by the natural sunlight flooding through its floor to ceiling windows and an open floor plan focused on indoor/outdoor connections. Just 2.5 miles from Disneyland and close to the famous landmark formerly known as Crystal Cathedral, the single-story home lives larger than imagined with two expansive & separate family rooms – each with its own dining area ideal for versatile entertaining & extended family gatherings. Newly carpeted, the home is comprised of three bedrooms & two baths and offers wonderful potential with many original characteristics & qualities. The ample lot with long driveway affords plenty of room for multi-car & RV parking and offers direct access to a deep oversize two car garage from the interior of the home, as well as the generous side patio area. The backyard has several mature fruit-bearing trees & unlimited potential for the visionary master gardener. In a peaceful neighborhood, the property is within the boundaries of Garden Grove Unified School District with top academically rated schools, as well as conveniently close to all freeways, great shopping & dining including The Block and Anaheim Convention Center. Enjoy Disney’s nightly fireworks show from both front or rear yards. This is a wonderful opportunity for the first time buyer or investor! The manager has listed the unit size as 1419 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017