$375,000
●
House -
Off Market
1863 Ivory Avenue
Palmdale, CA 93550
4 Beds
2 Baths,
1
Half Bath
1,690 Ft²
$481,389
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model
About This Property
Newly upgraded two story home featuring 4 bedrooms, 2 ½ baths.
Dining room has solid oak flooring in Gunstock oak. Den, laundry
and hallway areas have Gunstock oak ceramic tile. Fresh paint, new
water heater, new dual sliding glass doors upstairs and downstairs.
Windows and sliders are double paned and energy efficient.
All new lighting throughout. Central heat and air. Commercial
plug outlets in garage, master bdrm, den, and bdrm next to den, all
run to an additional breaker box in garage. They are great for your
home office and extra refrigeration/freezer space and so much more.
Kitchen has granite counter tops and fresh paint. Spacious 13 x 13
deck off kitchen to watch 4th of July fireworks across the valley
or take in breathtaking sunsets over a glass of wine. The huge back
yard is a clean canvas to make your own. It has a large new storage
building and a power conduit run to the back yard to install a
jacuzzi. A discount will be offered for bedroom and living room
carpeting so buyer can choose their color.
Unit Size
1,690 Ft²
Days on Market
93 days
Land Size
0.16 acres
Price per sqft
$213
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1994
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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 #OC20119044)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 7, 2020 | Sold | ||
| Sold | |||
| Jul 6, 2020 | Listed by HomeBay Broker CA, Inc | $360,000 | |
| Listed by HomeBay Broker CA, Inc | |||
Property Highlights
Air Conditioning
Fireplace
Garage
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 Palmdale
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Listed by: David Bezeau, HomeBay Broker CA, Inc
Last Updated: 5 months ago
Data Source: CRMLS, MLS# OC20119044
Last Updated: 5 months ago
Data Source: CRMLS, MLS# OC20119044
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