507 N Cornell Avenue
About This Property
This home is local to downtown Fullerton, shopping, St. Jude Hospital and access to the freeways. Next door is a parking lot for the Dr's office which gives you extra parking if needed, as it is hardly ever full.
Also if you need a crew to do the work for you, we can help with that as well. Great opportunity to live North of Chapman at this price.
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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 |
|---|---|---|---|
| Jan 18, 2020 | No longer available | - | |
| No longer available | |||
| Nov 7, 2019 | Listed | $699,900 | |
| Listed | |||
| | |||
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Fully Remodeled Fullerton Charmer!! This beautiful 3 bed 2 bath lower Raymond Hills home boasts a fully remodeled open kitchen with an oversized farmhouse sink, Marble look quartz countertops, Eat at peninsula, designer grey soft close cabinets and all new whirlpool stainless appliances. Light and bright with all new energy efficient LED recessed lighting throughout. Both bathrooms have also been remodeled and received designer tile, quartz countertops and vanities with soft close cabinets and drawers. The home also includes gorgeous wood look 12 mm laminate vinyl tile throughout. You will love the ample sized true master bedroom which features 2 large closets. Both the interior and exterior have been repainted. The laundry lives in the detached 2 car garage with brand new garage door and the lot features an awesome patio breezeway along with a nice sized grass area for entertaining. This home is truly turnkey and located in a highly desirable school district. Walking distance to all of downtown Fullerton's night life, shopping and dining. Freeway close. All this one needs is it's new owners!!! The manager has listed the unit size as 1396 square feet.
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| Sep 24, 2019 | Sold | ||
| Sold | |||
| Aug 18, 2019 | Listed by Century 21 Discovery | $600,000 | |
| Listed by Century 21 Discovery | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017