12332 Bailey St.
About This Property
Light, bright and spacious, the open living/family area features a large picture window looking out onto the back covered patio and a country style brick fireplace to cozy up to on a cool evening. Mosey into the quaint kitchen with updated stainless appliances for a snack! (new refrigerator included) Two of the five ample size bedrooms and full bath are conveniently located downstairs. Follow the beautiful wood staircase to three additional bedrooms and second bath with lots of storage. One of three bedrooms is a large master that includes an additional country fireplace making it an extra special retreat. A two-car garage with roll up door, low maintenance front yard and good size driveway to accommodate multiple vehicles, including RV access as a special bonus! Newer vinyl double gates lead directly into to a lovely back yard trimmed with mature trees and shrubs. A great setting for the avid gardener and to enjoy a family BBQ complete with S'mores over the fire-pit! (Washer and dryer are also included!)
Benefits of this location include the high rated GGUSD Schools, close to shopping and the 405, 605, 22 freeways!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 30, 2019 | Sold | ||
| Sold | |||
| Jun 27, 2019 | Listed by Coldwell Banker Res. Brokerage | $745,000 | |
| Listed by Coldwell Banker Res. Brokerage | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017