$580,000
●
House -
Off Market
633 W Cherry Street
Compton, CA 90222
2 Beds
2 Baths
803 Ft²
$2,799
Est. Monthly
About This Property
Welcome to this delightful 2-bedroom, 2-bathrooms home, offering
803 square feet of inviting living space in Compton. The family
room is both spacious and bright, bathed in natural light, creating
a warm and welcoming atmosphere. A charming bar area seamlessly
connects the family room to the kitchen, perfect for entertaining
or casual dining. The kitchen is well-appointed with beautiful
wooden cabinetry that provides ample storage and complements the
inviting aesthetic. You'll find modern appliances that make cooking
a pleasure, while the open layout ensures that the chef can engage
with guests in the living room. The primary bedroom is a serene
retreat, featuring cozy carpeting and convenient access to its own
private bathroom. The second bedroom is equally spacious and is
conveniently located near the full hall bathroom, making it ideal
for family or guests. This lovely home combines comfort and style,
making it a perfect place to create lasting memories!
Unit Size
803 Ft²
Days on Market
36 days
Land Size
0.11 acres
Price per sqft
$710
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1945
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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: 2 years ago (CRMLS #24450377)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 13, 2024 | Sold | ||
| Sold | |||
| Oct 19, 2024 | In contract | - | |
| In contract | |||
| Oct 8, 2024 | Listed by JohnHart Corp. | $570,000 | |
| Listed by JohnHart Corp. | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Compton
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Listed by: Melissa Urena, JohnHart Corp.
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 24450377
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 24450377
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