$625,000
●
House -
Off Market
12156 Cunningham Lane
Garden Grove, CA 92841
4 Beds
2 Baths,
1
Half Bath
1,629 Ft²
$1,004,912
RealtyHop Estimate
52.26%
Since Jun 1, 2018
National-US
Primary Model
About This Property
Must see 4 bed/2.75 bath in Garden Grove on a cul-de-sac!! Home
features open wood-beam vaulted ceilings, wood burning brick
fireplace, dual pane windows, insulated 2-car garage, inside
laundry, jetted tub in central bathroom, and two master bedrooms;
one of which is a permitted addition of an approximately 300 square
feet studio that has worked well for multiple family living, since
it has a separate heating/cooling system and private/separate
entrance. Large backyard features spa enclosed in a gazebo, wooden
swing set, cemented and brick side areas, and lots of room for more
or even expansion. Landscaping includes beautiful Magnolia tree in
front that provides shade, grass in front and back, mature Pepper
tree, Hibiscus tree, Bougainvillea , Sago palm and Banana palm (no
fruit and not sure of actual name). You can also walk to Hare
School Park or Library through your backyard gate! Close to
shopping, dining, and transportation.
Unit Size
1,629 Ft²
Days on Market
104 days
Land Size
0.18 acres
Price per sqft
$405
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1955
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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: 4 months ago (CRMLS #PW18019691)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 18, 2018 | Sold | ||
| Sold | |||
| Feb 3, 2018 | Listed by Keller Williams Realty | $660,000 | |
| Listed by Keller Williams Realty | |||
Property Highlights
Garage
Air Conditioning
Fireplace
With View
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 Garden Grove
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Brandy Adair, Keller Williams Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW18019691
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW18019691
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