$600,000
●
House -
Off Market
12719 Kipway Drive
Downey, CA 90242
3 Beds
2 Baths
1,408 Ft²
$892,821
RealtyHop Estimate
49.05%
Since Jun 1, 2018
CA-Los Angeles
Primary Model
About This Property
Stunning Designer Renovation ~ Permitted by Licensed Contractor ~
Open-Concept Interior ~ All New Windows ~ Tranquil Tree-Lined
Street ~ This remarkable Downey home has been exquisitely appointed
and is ready for the most discerning and tasteful of Buyers. This
trophy boasts new dual-pane windows, hardwood laminate flooring,
recessed lighting, and custom fixtures throughout. The luxurious,
open-concept kitchen and living space is a chef/entertainer's dream
with custom slate gray cabinets with soft-close hinges, quartz
counter-tops and island, a drop-down range hood, and stainless
steel appliances. Three total bedrooms provide plenty of space for
family and guests, while The Master Suite contains its own
spacious, immaculately upgraded bathroom and a large walk-in closet
space. The large, private backyard has ample space for the new
owner to add a garden, gazebo, spa or more. Nestled on a tranquil
street in a pride of ownership neighborhood and upgraded beyond
compare, this property is truly a rare offering. Go view and submit
your offer today!
Unit Size
1,408 Ft²
Days on Market
42 days
Land Size
0.12 acres
Price per sqft
$425
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: 4 months ago (CRMLS #OC18066524)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 3, 2018 | Sold | ||
| Sold | |||
| Mar 22, 2018 | Listed by Helix Properties, Inc | $599,000 | |
| Listed by Helix Properties, Inc | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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ft²
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HOA + Taxes
About Downey
Similar Homes for Sale
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Listed by: Max Armand, Helix Properties, Inc
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC18066524
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC18066524
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