$610,000
●
House -
Off Market
122 Orchid Drive
Placentia, CA 92870
3 Beds
1 Bath,
1
Half Bath
1,484 Ft²
$936,564
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model
About This Property
First time on the market in 30 years! This quaint ranch style home
is ideally located close to schools and shopping on a beautiful
tree lined Cul de Sac street. Take advantage of this 11,000-square
foot flat lot for entertaining friends and family. The spacious
living room has a beautiful fire place, and the dining room,
located just off the kitchen, adds to the delightful atmosphere of
this home. There is a covered patio off the kitchen which provides
a peaceful and relaxing setting. Each of the three bedrooms are
roomy and quiet. The shed/barn in the backyard is ideal for
storage or even an enchanting future casita.
Unit Size
1,484 Ft²
Days on Market
73 days
Land Size
0.26 acres
Price per sqft
$417
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1953
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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 #OC18095266)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| Jul 9, 2018 | Sold | ||
| Sold | |||
| Jun 19, 2018 | Listed | $619,000 | |
| Listed | |||
| | |||
|
First time on the market in 30 years! This quaint ranch style home is ideally located close to schools and shopping on a beautiful tree lined Cul de Sac street. Take advantage of this 11,000-square foot flat lot for entertaining friends and family. The spacious living room has a beautiful fire place, and the dining room, located just off the kitchen, adds to the delightful atmosphere of this home. There is a covered patio off the kitchen which provides a peaceful and relaxing setting. Each of the three bedrooms are roomy and quiet. The shed/barn in the backyard is ideal for storage or even an enchanting future casita. The manager has listed the unit size as 1484 square feet.
| |||
| Apr 27, 2018 | Listed by Luxre Realty, Inc. | $619,000 | |
| Listed by Luxre Realty, Inc. | |||
Property Highlights
Fireplace
Garage
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 Placentia
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Listed by: Donald Hawthorne, Luxre Realty, Inc.
Last Updated: 5 months ago
Data Source: CRMLS, MLS# OC18095266
Last Updated: 5 months ago
Data Source: CRMLS, MLS# OC18095266
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