$756,000
●
House -
Off Market
5592 Placer Avenue
Westminster, CA 92683
4 Beds
2 Baths
1,262 Ft²
$1,113,833
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model
About This Property
Feel the cool ocean breezes from this sprawling four bedroom, two
bath single-level home in fabulous Westside Westminster! With
almost 1700 sqft of usable living space (includes a permitted 18x18
enclosed patio and 10x11 detached yoga/utility/or even bedroom),
this picture perfect home features remodeled baths, updated carpet,
flooring, interior and exterior paint, dual-pane windows, heat, and
air conditioning. The home is situated on a huge, approximately
7,200-square-foot lot, with a grassy front yard and hardscaped
low-maintenance backyard. Easy access to freeways, Huntington and
Seal beaches, award-winning Eastwood Elementary School and Bolsa
Chica Park!
Unit Size
1,262 Ft²
Days on Market
37 days
Land Size
0.17 acres
Price per sqft
$601
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1959
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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 #OC19145384)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 26, 2019 | Sold | ||
| Sold | |||
| Jun 19, 2019 | Listed by Coldwell Banker Res Brokerage | $759,000 | |
| Listed by Coldwell Banker Res Brokerage | |||
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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Type
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ft²
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HOA + Taxes
About Westminster
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Listed by: Terry McCarty, Coldwell Banker Res Brokerage
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC19145384
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC19145384
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