$1,187,500
●
House -
Off Market
1372 Armstead Lane
Fullerton, CA 92833
4 Beds
3 Baths,
1
Half Bath
3,017 Ft²
$1,841,462
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model
About This Property
Gorgeous house sits on a premier cul-de-sac corner lot, with
unobstructed panoramic views!
Cathedral Vaulted Ceiling, Living Room with marble floor and fireplace, Family room has fireplace and sliding
door to huge wooden deck patio with great view. The house's interior was recently updated with top-grade
materials, dual pane windows with wood shutters, fresh interior and exterior paint, quarts-topped kitchen
and bathroom and an inside laundry room. There is also a one bedroom with a full bath on the main floor.
Master bedroom has large walk in closet with an organizer and large balcony with fantastic view.
100 gallon water heater and central vacuum system. Residents of the "Highland" neighborhood are served by
the Fullerton Joint Union High School District: Laguna Road Elementary, Parks Jr. High and Sunny Hills High
School. Lastly, there are no Mello Roos fees or HOA dues!
Cathedral Vaulted Ceiling, Living Room with marble floor and fireplace, Family room has fireplace and sliding
door to huge wooden deck patio with great view. The house's interior was recently updated with top-grade
materials, dual pane windows with wood shutters, fresh interior and exterior paint, quarts-topped kitchen
and bathroom and an inside laundry room. There is also a one bedroom with a full bath on the main floor.
Master bedroom has large walk in closet with an organizer and large balcony with fantastic view.
100 gallon water heater and central vacuum system. Residents of the "Highland" neighborhood are served by
the Fullerton Joint Union High School District: Laguna Road Elementary, Parks Jr. High and Sunny Hills High
School. Lastly, there are no Mello Roos fees or HOA dues!
Unit Size
3,017 Ft²
Days on Market
41 days
Land Size
0.27 acres
Price per sqft
$398
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1982
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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 #RS18054105)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 18, 2018 | Sold | ||
| Sold | |||
| Mar 8, 2018 | Listed by T.N.G. Real Estate Consultants | $1,200,000 | |
| Listed by T.N.G. Real Estate Consultants | |||
Property Highlights
Garage
Air Conditioning
Fireplace
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 Fullerton
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Listed by: Andy Kim, T.N.G. Real Estate Consultants
Last Updated: 5 months ago
Data Source: CRMLS, MLS# RS18054105
Last Updated: 5 months ago
Data Source: CRMLS, MLS# RS18054105
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