$605,000
●
House -
Off Market
17135 COVELLO Street
Lake Balboa, CA 91406
3 Beds
1 Bath
1,100 Ft²
$901,769
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model
About This Property
Perfect first time buyers home. The home is filled with plenty of
natural light in every room and has been recently renovated. The
home features a open living room and dining area. 3 spacious
bedrooms with nice size closets. The updated full bathroom and a
fully updated kitchen with new shaker cabinets, quartz counters and
stainless steel appliances with laundry room off the kitchen.
Throughout the house you'll find crown molding new flooring,
recessed lighting, fresh paint inside and out, double pane windows
and a cozy gas fire place. Walk out into the grassy private
backyard and covered patio that is perfect for entertaining. This
home also has a brand new HVAC system copper plumbing and updated
electrical. Located just a short distance from stores and public
transportation Lake Balboa Park where you can enjoy jogging
paths, bike trails, a round of golf and of course the lake! Easy
access to both the 101 and 405.
Unit Size
1,100 Ft²
Days on Market
40 days
Land Size
0.14 acres
Price per sqft
$541
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1950
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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 (CLAW #18342688)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 19, 2018 | Sold | ||
| Sold | |||
| May 10, 2018 | Listed by Pacific Union International | $594,900 | |
| Listed by Pacific Union International | |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
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Sold On
HOA + Taxes
About South Valley
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Listed by: Neil McLean, Pacific Union International
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 18342688
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 18342688
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