$679,900
●
House -
Off Market
627 Arcade Drive
Ventura, CA 93003
2 Beds
1 Bath
900 Ft²
$882,898
RealtyHop Estimate
29.86%
Since Feb 1, 2021
National-US
Primary Model
About This Property
Welcome to midtown Ventura living at its finest! This
beautifully kept home has 2 beds +1 bath of clean open living
space. The home includes hardwood flooring in main living
areas and bedrooms, an oversized kitchen with stone countertops and
updated appliances, all open to main living area. This home
also offers multiple possibilities with its R3-5 zoning and ability
to add an additional unit. The outside include a recently
stained deck, that walks down to a flat yard with pad that could be
used for a spa or outside dining area. In addition the side
yard has great RV access that leads to the 2 car detached garage.
You can not beat the location, only minutes from the beach,
shopping, downtown, and freeways. Don't miss out on this midtown
opportunity!
Unit Size
900 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$755
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1929
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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: 11 months ago (CRMLS #V1-2821)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 21, 2021 | Sold | ||
| Sold | |||
| Dec 2, 2020 | Listed by RE/MAX Gold Coast REALTORS | $679,900 | |
| Listed by RE/MAX Gold Coast REALTORS | |||
| Feb 6, 2015 | Sold | ||
| Sold | |||
| Nov 19, 2014 | Listed by Connect Real Estate Services | $489,000 | |
| Listed by Connect Real Estate Services | |||
| | |||
|
Lovely 1929 Spanish style, Mid-Town home. Beautifully remodeled, inside and out. Superb use of space with gorgeous interior. Much thought went into this kitchen remodel, complete with new quartz counter tops, fabulous breakfast bar opening to living room. Brand new stainless steel appliances and hardware. First class bathroom renovation; Updated copper plumbing in walls, new tile, new vanity, hardware, etc. New lighting fixtures throughout. Electrical outlets and switches updated. All new window treatments, fresh paint inside and out. Gorgeous wood floors professionally refinished. Also, a convenience rarely seen in Mid Town, an interior laundry room! New garage door(s) on detached 2-car garage with remotes. Brand new steps leading out into spacious back yard with drought tolerant landscaping in the back yard. All this, and only a 5 minute drive to the beach, or downtown Ventura.
| |||
| Sep 19, 2014 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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Baths
ft²
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Sold On
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HOA + Taxes
About San Buenaventura (Ventura)
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Listed by: Ryan Slaton, RE/MAX Gold Coast REALTORS
Last Updated: 11 months ago
Data Source: CRMLS, MLS# V1-2821
Last Updated: 11 months ago
Data Source: CRMLS, MLS# V1-2821
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