$829,000
●
House -
Off Market
16022 Promontory Place
La Mirada, CA 90638
4 Beds
3 Baths
2,171 Ft²
$1,212,549
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model
About This Property
THIS BEAUTIFUL CITY LIGHTING VIEW HOME IS LOCATED IN THE
PRESTIGIOUS & POPULAR LA MIRADA HILLSBOROUGH "HEIGHTS" COMMUNITY.
THIS HOME FUTHERS; DOUBLE DOOR ENTRY WITH DRAMATIC SOARING
CEILINGS, DISTRESSED WOOD FLOORING UPSTAIRS AND DOWNSTAIRS, MODERN
LAYOUT WITH FOUR BEDROOMS & THREE FULL BATHROOMS, INCLUDING ONE BED
AND ONE FULL BATH DOWNSTAIRS FOR OFFICE OR EXTENDED FAMILY. UPSCALE
LIVING ROOM OPENS TO THE FORMAL DINING ROOM FOR CONVENIENT TO
ENTERTAIN FAMILY & FRIENDS. BEAUTIFULLY UPGRADED WITH PLANTATION
SHUTTERS, CROWN MOLDING, RECESSED LIGHTINGS, UPGRADED BATHROOMS,
KITCHEN FEATURES GRANITE COUNTERTOPS, CUSTOM CABINETS, SPACIOUS
SUN-FILLED FAMILY ROOM WITH STONE DECORATED FIREPLACE. ROMANTIC &
ELEGANT MASTER SUITE WITH CITY LIGHTING VIEWS, VAULTED CEILING AND
LUXURIOUS BATHROOM-BATH TUB & SEPARATE SHOWER, DUAL SINKS AND
GENEROUS SIZED WALK-IN CLOSET. INVITING FRONT AND REAR YARD WITH
CITY LIGHTING VIEW, BRICKWORK ACCENT, TONS OF PRIVACY FOR OUTDOOR
ENTERTAINING. ENJOY ASSOCIATION POOL AND SPA. VERY CONVENIENT
LOCATION, CLOSE TO SHOPPING, RESTAURANTS, BANKS, GROCERY MARKETS,
TRANSPORTATION AND GOLF COURSES.
Unit Size
2,171 Ft²
Days on Market
70 days
Land Size
0.10 acres
Price per sqft
$382
Property Type
House
Property Taxes
-
HOA Dues
$170
Year Built
1990
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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 #PW19239277)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 17, 2019 | Sold | ||
| Sold | |||
| Oct 8, 2019 | Listed by New Star Realty & Investment | $829,000 | |
| Listed by New Star Realty & Investment | |||
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 La Mirada
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Listed by: Alex Jang, New Star Realty & Investment
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW19239277
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW19239277
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