$851,000
●
House -
Off Market
5111 Cambridge Avenue
Westminster, CA 92683
5 Beds
3 Baths
2,206 Ft²
$1,192,971
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model
About This Property
This wonderful five bedroom, three bath home, has a bedroom and 3/4
bathroom downstairs, offers over 2,200 square feet of living space,
and is situated on an impressive approx 6,700 square foot corner
lot with RV Potential. As you enter the home, you will pass the
lovely covered front patio as you make your way through the
impressive double door entry. The front living room affords plenty
of natural light and connects directly to the formal dining area
that features a gorgeous chandelier light fixture and over-sized
glass doors that lead out to the backyard. The updated kitchen
offers extensive cabinet storage, a gas range and a breakfast bar.
The kitchen opens to the family room with new plush carpet, a cozy
brick fireplace and sliding glass doors out to the back patio. The
backyard includes a covered patio, a large grassy area, lush
landscaping and privacy fencing. This home is complete with a
freshly painted interior, recently installed flooring and is
located near Eastwood Elementary School, Bolsa Chica Park, and
convenient freeway access.
Unit Size
2,206 Ft²
Days on Market
24 days
Land Size
0.15 acres
Price per sqft
$380
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1963
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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 #OC20052586)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 3, 2020 | Sold | ||
| Sold | |||
| Mar 10, 2020 | Listed by Coldwell Banker Realty | $839,000 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
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Listed On
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Sold On
Sold On
HOA + Taxes
About Westminster
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Listed by: Terry McCarty, Coldwell Banker Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC20052586
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC20052586
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