16336 Gridley Road
About This Property
The remodeled kitchen has quartz counters, glass tile backsplash and new stainless steel appliances. Upgrades include dual pane windows, plumbing and a new electrical panel.
The open concept living room/dining room area leads to a large family room with brick fireplace and access to the quaint back yard.
The brick patio and landscaping make this a great space for outdoor entertaining.
Conveniently located near Cerritos College, Niemes Elementary School. Quiet and desirable neighborhood.
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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 |
|---|---|---|---|
| Aug 3, 2017 | Sold | ||
| Sold | |||
| Jul 7, 2017 | Listed by Podley Properties | $559,000 | |
| Listed by Podley Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017