3916 Cerritos Avenue
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 7, 2021 | No longer available | - | |
| No longer available | |||
| Sep 11, 2021 | In contract | - | |
| In contract | |||
| Aug 30, 2021 | Listed by Keller Williams Coastal Prop. | $900,000 | |
| Listed by Keller Williams Coastal Prop. | |||
| | |||
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This charming Bixby Knolls home on a quiet street is a must see! Large windows and French doors allow for tons of natural light in this spacious home. The 3 bedrooms are bright and clean, with large closets. The large family room features build-in storage, pretty wood floors and large windows overlooking the deck and the pretty backyard. The large open kitchen is roomy enough for a breakfast table, and features a dishwasher, microwave hood and range. A laundry room off the kitchen is complete with a laundry sink and counter, and a wall of cabinets providing a ton of storage! There are 12-320W LG solar panels on the roof, which are OWNED and not leased, providing approximately 5,395kwh/year. This home also includes central A/C and an gated driveway to the rear 2-car garage. The manager has listed the unit size as 1677 square feet.
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| Nov 21, 2018 | Sold | ||
| Sold | |||
| Oct 11, 2018 | Listed by Sharon Amarantos, Broker | $674,900 | |
| Listed by Sharon Amarantos, Broker | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017