$1,125,000
●
House -
Off Market
13741 Joaquin Lane
Cerritos, CA 90703
4 Beds
3 Baths
1,970 Ft²
$5,647
Est. Monthly
About This Property
This beautiful two story home features 2,000 square feet of living
space with an open floor plan and lots of windows and natural light
throughout, a large living room with two story ceilings and a
fireplace, a formal entry, a formal dining room, a separate family
room off the family kitchen, four bedrooms including a large
primary bedroom and bath, this home is at the end of a Cul-De-Sac
with a large private back yard and covered patio, a short walking
distance to Gonsalves Elementary School, Carmenita Middle School,
Whitney High School and Joe A. Gonsalves Park and not far from the
Cerritos Mall, the home is also near the 5 and 91 freeways.
Gonzales Elementary is the #1 elementary school in the ABC district
based on their math and language arts scores for this year.
Unit Size
1,970 Ft²
Days on Market
121 days
Land Size
0.12 acres
Price per sqft
$584
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1971
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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: 3 years ago (CRMLS #RS24097689)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 27, 2024 | Sold | ||
| Sold | |||
| Aug 28, 2024 | In contract | - | |
| In contract | |||
| Aug 28, 2024 | Price Decreased |
$1,149,900
↓ $50K
(4.2%) | |
| Price Decreased | |||
| Aug 11, 2024 | Relisted | $1,199,900 | |
| Relisted | |||
| May 29, 2024 | Listed by Your Home Team Real Estate | $1,199,900 | |
| Listed by Your Home Team Real Estate | |||
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 Cerritos
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Listed by: Alvin Mullins, Your Home Team Real Estate
Last Updated: 3 years ago
Data Source: CRMLS, MLS# RS24097689
Last Updated: 3 years ago
Data Source: CRMLS, MLS# RS24097689
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