$625,000
●
House -
Off Market
24281 Bark Street
Lake Forest, CA 92630
6 Beds
3 Baths
2,719 Ft²
$918,751
RealtyHop Estimate
47.00%
Since Jul 1, 2019
National-US
Primary Model
About This Property
MUST SEE!! Incredible six bedroom, 3 bath home available for
primary residence or Investment property in Lake Forest. Two
bedrooms, walk-in shower upstairs , 4 bedrooms, two baths
downstairs. Lower level includes den, very spacious living room
with fire place, and large picture windows facing the back yard.
Very large kitchen with direct access to two car garage, foyer,
living room and stairs to upper bedrooms'. windows double paned and
two added bedrooms with permits. Pride of ownership for the
current second owner of 49 years. Home needs lots of TLC and a
future plan for restoration for a successful investment.
The rectangular lot is estimated 7300 sq. ft. great for a future designer landscaped dream pool, Jacuzzi, barbecue area and playground. The original owner designed a brick, block, concrete fascia, fencing, walkways, barbecue area in the back and front yard. Quiet neighborhood located close to 5/405 freeways , large shopping centers, medical and financial facilities, and highly desired school system.
This truly is a diamond in the rough!!
The rectangular lot is estimated 7300 sq. ft. great for a future designer landscaped dream pool, Jacuzzi, barbecue area and playground. The original owner designed a brick, block, concrete fascia, fencing, walkways, barbecue area in the back and front yard. Quiet neighborhood located close to 5/405 freeways , large shopping centers, medical and financial facilities, and highly desired school system.
This truly is a diamond in the rough!!
Unit Size
2,719 Ft²
Days on Market
35 days
Land Size
0.17 acres
Price per sqft
$230
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1965
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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 #OC19114258)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| May 14, 2020 | Listed by Keller Williams - Cerritos | $799,000 | |
| Listed by Keller Williams - Cerritos | |||
| | |||
| Jun 20, 2019 | Sold | ||
| Sold | |||
| May 16, 2019 | Listed by Charles Ryan & Associates | $625,000 | |
| Listed by Charles Ryan & Associates | |||
Property Highlights
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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Baths
ft²
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About Lake Forest
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Listed by: Charles Ryan, Charles Ryan & Associates
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC19114258
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC19114258
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