$650,000
●
House -
Off Market
24031 Crescent Road
Lake Forest, CA 92630
3 Beds
2 Baths
1,224 Ft²
$953,876
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model
About This Property
***HUGE PRICE IMPROVEMENT*** Charming single-story home with
excellent curb appeal in the heart of Lake Forest! This 3-bedroom,
2 bath Countryside home boasts a premium corner lot with updated
windows and large front and backyards. Enter to a spacious living
room with a cozy fireplace and beautiful wood floors. Updated
kitchen features cherry oak cabinets, granite counter tops and
stainless steel appliances. Backyard with covered patio is perfect
for entertaining or relaxing while enjoying the many different
types of fruit trees, including avocado, Meyer lemon, peach &
Satsuma mandarin! Remodeled bathrooms, and brand new carpet in
hallway and all the bedrooms. Living Room is wired for 7.2 Surround
Sound & HDMI Projector for movie nights in, and all the rooms have
category 6 wired ethernet available. Schlage SmartHome locks on
both front door & garage door. Great location, only 4 houses down
from the Mountain View Park! Easy access to the 5 freeway, no Mello
Roos, no HOA and nearby all the local shops & restaurants. Welcome
Home!
Unit Size
1,224 Ft²
Days on Market
76 days
Land Size
0.14 acres
Price per sqft
$531
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1972
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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 #OC19104100)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 24, 2019 | Sold | ||
| Sold | |||
| May 9, 2019 | Listed by Redfin | $650,000 | |
| Listed by Redfin | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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ft²
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HOA + Taxes
About Lake Forest
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Listed by: Min Seo, Redfin
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC19104100
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC19104100
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