488 Heron Place
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 6, 2021 | No longer available | - | |
| No longer available | |||
| Dec 15, 2020 | In contract | - | |
| In contract | |||
| Dec 1, 2020 | Listed | $799,000 | |
| Listed | |||
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A beautiful four bedroom Olinda Ranch home in the city of Brea is ready for its new owners! Enter into the spacious living room with high ceilings, plantation shutters, and modern color tones. The large windows allow an abundance of natural light to illuminate the open floor plan throughout The living room flows seamlessly into the dining area and then the spacious family room with a cozy fireplace. The family room opens with large sliding doors to the patio and backyard. Enjoy relaxing in the back yard with an open patio, lots of privacy with stone block walls The gorgeous kitchen impresses with fresh white cabinets, granite countertops with stainless steel appliances that includes gas single oven range, dishwasher, refrigerator and microwave. A half bath and laundry room include a washer and dryer to complete the downstairs floor. Up the beautiful wood staircase, you will find the primary bedroom and the primary bathroom ensuite. This serene bedroom is spacious and open with upgraded laminate flooring and an ensuite with double sink vanity and sunken tub, separate shower, and walk-in closet. There are three additional bedrooms, one perfect for a in home offer that share an updated full bathroom. 2-car garage with direct access and A/C unit. Close to shopping, dining, award winning schools, many community amenities, easy freeway access to the 57, 91 and 55. Must see this home. The manager has listed the unit size as 1866 square feet.
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| Mar 24, 2017 | Sold | ||
| Sold | |||
| Feb 14, 2017 | Listed by New Star Realty & Inv. | $708,800 | |
| Listed by New Star Realty & Inv. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017