$862,000
●
House -
Off Market
511 Dorothy Drive
Fullerton, CA 92831
4 Beds
1 Bath
2,400 Ft²
$1,387,982
RealtyHop Estimate
58.63%
Since Dec 1, 2017
National-US
Primary Model
About This Property
This very well maintained single story home in Raymond Hills is
located on a quiet cul-de-sac off of Dorothy Lane. The long
term owner has lovingly taken care of this home and upgraded with
double pane Millgaurd windows, soft water system, concrete roof,
c/a and heat, and wood floors. This sprawling ranch has a
great floorpan with a larger kitchen and a separate wing with 2
bedrooms and a bath perfect for a multi-family living situation.
The pie shaped tiered backyard is to die for with would be
perfect for children, dogs or entertaining. Located in the
highly desirable Fullerton Joint School district. Don't wait as
homes go quick in Raymond Hills.
Unit Size
2,400 Ft²
Days on Market
44 days
Land Size
0.29 acres
Price per sqft
$365
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1956
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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: 4 months ago (CRMLS #PW17220624)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 7, 2017 | Sold | ||
| Sold | |||
| Sep 24, 2017 | Listed by T.N.G. Real Estate Consultants | $875,000 | |
| Listed by T.N.G. Real Estate Consultants | |||
Property Highlights
Air Conditioning
Fireplace
Garage
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: Jacqueline Orzechowski, T.N.G. Real Estate Consultants
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW17220624
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW17220624
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