18403 Wilton Place
About This Property
The centrally located kitchen provides ample storage and opens into the family/dining room. The laundry closet is conveniently placed in the kitchen with easy access to the side yard. The kitchen island offers bar seating, making it a great spot for family gatherings. A large sliding glass door bathes the family room and kitchen in natural sunlight. The family room, complete with a second fireplace, opens to a serene backyard filled with mature fruit trees and floral plants, creating an oasis of peace and tranquility.
This home features three bedrooms, including a primary bedroom with an en suite bathroom. Other highlights include a two-car garage with a workbench, dual-pane vinyl windows, and plantation shutters. Just a block away from La Carretera Park, this home is also conveniently close to award-winning Torrance schools, major freeways (91, 110, and 405), markets, restaurants, and shopping centers.
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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 |
|---|---|---|---|
| Nov 19, 2024 | Sold | ||
| Sold | |||
| Oct 27, 2024 | In contract | - | |
| In contract | |||
| Oct 18, 2024 | Listed by Keller Williams South Bay | $1,000,000 | |
| Listed by Keller Williams South Bay | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017