39
Map
$365,000
↓ $5K (1.3%)
●
House -
For Sale
3824 Madrid Avenue
Bakersfield, CA 93309
3 Beds
2 Baths
1,512 Ft²
$1,793
Est. Monthly
About This Property
Check out this completely transformed Southwest Bakersfield corner
lot beauty! This 3 bedroom, 2 bathroom home features an expansive
driveway with RV parking and room for multiple vehicles. Enjoy
fresh interior and exterior paint, new automatic sprinklers, and
new fencing surrounding the yard. The remodeled kitchen boasts
soft-close cabinets, quartz countertops, lux hardware, a new sink
and updated plumbing fixtures. Inside, you will find new luxury
vinyl flooring, recessed LED lighting, ceiling fans, six-panel
doors, stylish hardware, new closet doors, baseboards, and window
coverings throughout. The spacious living room offers a cozy
fireplace, while both bathrooms shine with porcelain tile showers,
brushed gold rainfall fixtures, and designer vanities. Step outside
to a covered patio and oversized storage shed. Conveniently located
just seconds from Valley Plaza Mall, Highway 99, shopping and
restaurants. This move-in ready home is one you will not want to
miss!
Unit Size
1,512 Ft²
Days on Market
97 days
Land Size
0.16 acres
Price per sqft
$241
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1959
Listed By
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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: 2 months ago (CRMLS #PI26167011)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 26, 2026 | Price Decreased |
$365,000
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Aug 21, 2026 | Relisted | $369,900 | |
| Relisted | |||
| Aug 5, 2026 | In contract | - | |
| In contract | |||
| Jul 30, 2026 | Listed by Keller Williams Realty Bakersfield | $369,900 | |
| Listed by Keller Williams Realty Bakersfield | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Laundry Features: See Remarks
Fireplace Features: None
Exterior Details
Square Footage: 1512
Square Footage Source: $0
Year Built Source: Assessor
Year Built: 1959
Levels: One
Pool Features: None
Lot Features: Back Yard, Front Yard
Lot Size Area: 7041
Lot Size Units: Square Feet
Lot Size Acres: 0.1616
Lot Size Square Feet: 7041
Tax Lot: 47
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : SepticTypeUnknown
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 Bakersfield
Similar Homes for Sale
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Listed by: Alishaan Abbas, Keller Williams Realty Bakersfield
Last Updated: 2 months ago
Data Source: CRMLS, MLS# PI26167011
Last Updated: 2 months ago
Data Source: CRMLS, MLS# PI26167011
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