$1,005,000
●
House -
Off Market
4822 Merten Avenue
Cypress, CA 90630
4 Beds
2 Baths
1,608 Ft²
$4,911
Est. Monthly
About This Property
PRICE IMPROVEMENT!!! Welcome to 4822 Merten! This charming
four-bedroom, two-bathroom residence offers 1,608 square feet of
comfortable living space and is ready for you to call it home. Step
inside to discover fresh paint, updated floors, and recently
renovated guest bathroom and kitchen that bring a contemporary feel
to the interior. The kitchen is truly a highlight, featuring
elegant white shaker cabinets, granite countertops, and stainless
steel appliances that perfectly combine style and practicality. The
outdoor space is equally impressive, with a generous backyard that
includes a lush grassy area ideal for relaxation, play, or
gardening, along with a patio perfect for outdoor dining and
entertaining. Don't miss the opportunity to make this lovely home
yours-schedule a visit today!
Unit Size
1,608 Ft²
Days on Market
74 days
Land Size
0.17 acres
Price per sqft
$622
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1960
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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 years ago (CRMLS #PW24198056)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 10, 2024 | Sold | ||
| Sold | |||
| Nov 17, 2024 | In contract | - | |
| In contract | |||
| Nov 11, 2024 | Price Decreased |
$999,999
↓ $49K
(4.7%) | |
| Price Decreased | |||
| Oct 14, 2024 | Price Decreased |
$1,049,000
↓ $51K
(4.6%) | |
| Price Decreased | |||
| Oct 7, 2024 | Relisted | $1,100,000 | |
| Relisted | |||
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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
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 Cypress
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Listed by: Sarah Ireland, Ignite RE Group
Last Updated: 2 years ago
Data Source: CRMLS, MLS# PW24198056
Last Updated: 2 years ago
Data Source: CRMLS, MLS# PW24198056
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