15723 Formby Drive
About This Property
As you step inside, you'll be greeted by a spacious layout that invites natural light and warmth throughout. The generous living areas are perfect for both entertaining and family gatherings, while the well-appointed kitchen features modern appliances and ample storage space.
This home boasts six spacious bedrooms, providing plenty of room for family, guests, or even a home office. The three bathrooms are thoughtfully designed, ensuring convenience and comfort for everyone.
Located in a great neighborhood, this property is just a stone's throw from the renowned La Mirada Theater, where you can enjoy a variety of performances, from musicals to live events. The surrounding parks offer lush green spaces for outdoor activities, picnics, and leisurely strolls, making it an ideal spot for families and nature enthusiasts alike.
Centrally located, you'll have easy access to major freeways, shopping centers, and dining options, enhancing your lifestyle with convenience. The rich history of La Mirada, known for its community spirit and friendly atmosphere, adds to the appeal of this wonderful area.
Don't miss your chance to own this exceptional home at 15723 Formby Drive in a fantastic neighborhood. Schedule a tour today and experience all that this inviting property and its vibrant surroundings have to offer!
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 25, 2025 | Sold | ||
| Sold | |||
| Jun 13, 2025 | In contract | - | |
| In contract | |||
| May 14, 2025 | Price Decreased |
$1,098,888
↓ $100K
(8.3%) | |
| Price Decreased | |||
| Apr 3, 2025 | Listed by Coldwell Banker Realty | $1,198,888 | |
| Listed by Coldwell Banker Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017