5051 Andrew Drive
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 |
|---|---|---|---|
| Aug 16, 2017 | Sold | ||
| Sold | |||
| Jul 29, 2017 | Listed | $730,000 | |
| Listed | |||
| | |||
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Lovely charming 2 story home in sought-after La Palma! Located in quiet cul-de-sac, you are greeted well-groomed greenery, heading indoors into handsome living room with generous natural light that spaciously extends into formal dining room. Hardwood floors throughout, this large property is 5 bed 3 bath. Ground floor holds 1 bed & bath - for guests, in-laws, or home-office. Kitchen opens onto separate family room, providing ample casual space. Many upgrades including a redo of the master bath and tons of NEW features such as windows, PEX piping, tiles, light fixtures in 2nd bath, 2nd fl carpet, dishwasher, garbage disposal, A/C, ventilation, and much more. Garage hosts 3 built-in closets. Large covered backyard patio perfect for entertaining. Enjoy surroundings via brief walk to El Rancho Verde Park. Close to recognized schools including Oxford Academy, Kennedy, Walker, & Los Coyotes well suited for your entire family. Conveniently close to 605 & 91 fwys, Cerritos Town Center, plentiful shopping, eateries, & entertainment - you have found your ideal home & neighborhood!! Welcome!The manager has listed the unit size as 2113 square feet.
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| Jun 19, 2017 | Listed by Coldwell Banker Hallmark | $730,000 | |
| Listed by Coldwell Banker Hallmark | |||
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About La Palma
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Currently no similar homes aroundNearby Rentals
$4,500 /mo
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$4,300 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017