$475,000
●
House -
Off Market
12224 Summer Avenue
Norwalk, CA 90650
3 Beds
1 Bath
1,061 Ft²
$722,091
RealtyHop Estimate
47.40%
Since Aug 1, 2019
CA-Los Angeles
Primary Model
About This Property
Welcome home to 12224 Summer Ave. This light and bright
recently painted home greets you with original hardwood floors in
the living room, dining room, hallway and bedrooms. You will
enjoy sitting in your living room or dining room and looking out
the large picture window into the spacious back yard. Kitchen
has wood cabinets with pull out shelves, dishwasher, Corian counter
tops, double sink, microwave and the stove and fridge are staying!
Convenient indoor laundry with stackable washer and dryer,
also staying. Pantry next to washer and dryer has pull out
shelves, great for all those extra items. Long driveway leads
you to detached garage and private back yard with block wall and
metal gate.
Unit Size
1,061 Ft²
Days on Market
197 days
Land Size
0.13 acres
Price per sqft
$462
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: 4 months ago (CRMLS #PW19004808)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 24, 2019 | Sold | ||
| Sold | |||
| Jan 8, 2019 | Listed by Berkshire Hathaway H.S.C.P. | $489,888 | |
| Listed by Berkshire Hathaway H.S.C.P. | |||
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
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Baths
ft²
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Sold On
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HOA + Taxes
About Norwalk
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Listed by: Kathy Apples, Berkshire Hathaway H.S.C.P.
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW19004808
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW19004808
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