$935,000
●
House -
Off Market
412 Cannon Lane
Fullerton, CA 92831
3 Beds
1 Bath,
1
Half Bath
1,945 Ft²
$1,375,347
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model
About This Property
VIEW! VIEW! VIEW! Completely turnkey and move-in ready! All of the
upgrades have been made, so all you need to do is add your personal
decorative touch, then relax and enjoy the spectacular panoramic
VIEW off your deck. You will have peace of mind knowing that
everything from the plumbing to the electrical to the AC/heating
systems have been expertly updated. Inside, you'll appreciate the
remodeled kitchen and bathrooms, crown molding, recessed lighting,
and wood beamed ceilings in the family room. You'll be kept cozy by
a marble fireplace in the living room and a stone fireplace in the
family room. Wander through the lush and private estate with over
14,000 square feet. Take joy in the large 36' x 14' Trex deck porch
with southern breezes and views of Catalina Island on a clear day,
nightly Disneyland fireworks, city lights and beautiful trees as
Fullerton is known as tree city. A unique attribute for this
property is the large & lower backyard offering secluded space for
play, a sport court, a garden, or possibly a pool, he/she shed or
guest house. You'll never want to leave this sweet spot, but if you
do, then the scenic and historic Hillcrest Park is just a block
away along with nearby access to the Fullerton Trail with miles of
scenic paths for hiking and biking. Transportation and
entertainment are a breeze from this location with Downtown
Fullerton, the transportation center and 91 and 57 freeway access
nearby.
Unit Size
1,945 Ft²
Days on Market
85 days
Land Size
0.32 acres
Price per sqft
$482
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1955
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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: 5 months ago (CRMLS #PW19127692)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 28, 2019 | Sold | ||
| Sold | |||
| Jun 4, 2019 | Listed by Century 21 Discovery | $938,000 | |
| Listed by Century 21 Discovery | |||
| Nov 5, 2018 | No longer available | - | |
| No longer available | |||
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Aug 19, 2018 | Listed | $948,880 | |
| Listed | |||
| | |||
|
This beautiful property and location has massive potential. Plenty of space & options to either add-on, add-up, or leave in its current move-in / upgraded condition. Tucked away on the hilltop in desirable Hillcrest Park neighborhood of Fullerton. 180 Degree Panoramic views, Luxury, Privacy, Fully Turn-key Condition! Nightly Disneyland fireworks, on a clear day Catalina Island & everything in between. This 3 Bed / 2.25 Bath 1,945 sqft single level home offers an open floor plan. Remodeled from top to bottom in the past 4-6 yrs & features an over-sized & private 14,007 sqft usable lot with room to build swimming pool. Also lush landscaping, safe & secure backyard, 2 car finished garage, upgraded using high-end materials & is in move-in ready condition. No expense spared & some newer upgrades include: Kitchen & Baths Remodeled, AC & Heating Systems, Plumbing, Electrical, All Newer Double-Pane Simonton Windows, Flooring, Doors, Water Softener & Heater, Large Concrete Driveway can fit 8+ cars or an RV (location & drive-way is set to safely enter & exit property with or without RV), Marble & Rock Fire Places, large 36’ x 14’ Trek Deck, Timed Sprinkler System front & back, Crown Molding, Baseboards, Interior & Exterior Paint, etc. Located only a couple minutes to Downtown Fullerton, restaurants, shopping, newly renovated Hill Crest Park, Fullerton JC, Metro Train Station, Cal State University & is part of the award winning open Fullerton School District. No HOAs or Mello-Roos. The manager has listed the unit size as 1945 square feet.
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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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ft²
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HOA + Taxes
About Fullerton
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Listed by: Judy Borowski, Century 21 Discovery
Last Updated: 5 months ago
Data Source: CRMLS, MLS# PW19127692
Last Updated: 5 months ago
Data Source: CRMLS, MLS# PW19127692
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