2040 E Piru Street
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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%.
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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 |
|---|---|---|---|
| Sep 6, 2019 | Sold | ||
| Sold | |||
| Aug 12, 2019 | Listed by Good Opportunity Homes & Inv. | $419,900 | |
| Listed by Good Opportunity Homes & Inv. | |||
| Aug 10, 2019 | No longer available | - | |
| No longer available | |||
| Jun 19, 2019 | Price Decreased |
$419,900
↓ $9K
(2.1%) | |
| Price Decreased | |||
| Jun 13, 2019 | Listed | $429,000 | |
| Listed | |||
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Price reduced 06/17/2019. Make your offer today. First time buyer special. 3 bed, 1 1/2 bath, 2 story home in Compton/Willowbrook. The property has been delightfully updated and includes Ceramic tile throughout, quartz kitchen countertop, a small attached bachelor/granny unit in the rear, complete with Kitchen and Bathroom. The property is conveniently located in Willowbrook/unincorporated LA County, the new owner will enjoy a lower Tax bill compared to the City of Compton. The city has many recent updates; The MLK hospital expansion, the Willowbrook library and senior center, the Rosa Parks station improvement, plus much more. The buyer is responsible to verify all aspects regarding permitted and and unpermitted structures. The manager has listed the unit size as 1558 square feet.
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About Willowbrook
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$2,950 /mo
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$2,999 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017