$500,000
●
House -
Off Market
215 Olive Place
Brea, CA 92821
2 Beds
1 Bath
1,079 Ft²
$845,821
RealtyHop Estimate
69.16%
Since Aug 1, 2016
National-US
Primary Model
About This Property
Wonderful 2 bedroom home in a well established quiet neighborhood.
Great curb appeal with white picket fences and a flag pole that
proudly flies the American flag. Home features large living room,
remodeled bath, galley kitchen, dining area and large den/family
room. Beautiful backyard with lots of grass and flowerbeds. The
laundry is in the garage and there is direct access to the house.
There is also a carport for that second car. Wood-like floors in
the living room, both bedrooms and the dining area. The kitchen,
den, and bath have tiled floors. Both bedrooms are good sized with
lots of closet space. There are dual paned window and solar panels
for energy efficiency. Award winning schools are close by and house
is close to everything: Brea mall, downtown Brea, shopping,
restaurants, and freeway access.
Unit Size
1,079 Ft²
Days on Market
51 days
Land Size
0.14 acres
Price per sqft
$463
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1953
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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: 4 months ago (CRMLS #PW16105484)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 7, 2016 | Sold | ||
| Sold | |||
| May 17, 2016 | Listed by Preferred Home Brokers | $500,000 | |
| Listed by Preferred Home Brokers | |||
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 Brea
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Listed by: Carol Chamberlain, Preferred Home Brokers
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW16105484
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW16105484
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