$610,000
●
House -
Off Market
15752 Covello Street
Lake Balboa, CA 91406
3 Beds
2 Baths
1,307 Ft²
$845,656
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model
About This Property
MAJOR PRICE IMPROVEMENT! Charm Charm Charm! This Lake Balboa
Classic Beauty has it all! Updated Features (remodeled
kitchen/appliances, indoor laundry, tankless water heater, HVAC,
added 375+sf bonus room) plus Vintage Flair (HARDWOOD floors
throughout (under carpet), real wood paneling, Vaulted/Beamed
ceiling, two fireplaces) ! There is also a third room/den with a
closet and French doors to exterior (tax roll shows home as
two-bed). Two car garage and ample off-street parking. This
beautifully-maintained home is on a large, fully-landscaped lot
with plenty of room for an ADU, and is convenient to everything -
plus the Flyaway is within walking distance. Motivated Seller has
found replacement home and is ready to move!
Unit Size
1,307 Ft²
Days on Market
75 days
Land Size
0.14 acres
Price per sqft
$467
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1956
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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 #220004938)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 30, 2020 | Sold | ||
| Sold | |||
| May 16, 2020 | Listed by Century 21 Hilltop | $609,900 | |
| Listed by Century 21 Hilltop | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About South Valley
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Listed by: Valerie Herzig, Century 21 Hilltop
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 220004938
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 220004938
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