Huge Price Reduction of $60,000!! Wonderful Home with LAKE VIEWS in
Lake Park Brea - The exceptional location allows Lake and Fountain
Views PLUS Clubhouse, Pool, and Greenbelt Walkways from the
patio, living room, Formal Dining Room, and Family room - The Front
patio has enough room for the whole family or friends to visit,
BBQ, dine, or just sit and enjoy the view and afternoon breezes -
The Living Room has lots of room for entertaining, views to the
neighborhood pool, walkways, clubhouse, and the Lake with it's
Fountains - The Dining Room comes with a beautiful built-in hutch -
The Family Room is Large and Comfy with a working fireplace, a
Double door to the patio for easy access - The Kitchen has plenty
of room for a table and chairs, loads of cabinets and Quartz
counter tops with space for plenty of uses - The Main Suite is
quite roomy and has a large walk-in closet with loads of storage
and hanging space for all your fashions - The attached bath has
additional storage, a dual vanity with plenty of counter area, a
soaking tub, and a separate shower - The Second Bedroom is quite
large and has a double closet for loads of clothing and storage -
The Guest Bath is across the hall and has a shower over the tub -
The Laundry Room is very roomy and has built-in cabinets, a Desk
area with loads of space, the washer and dryer, which are included,
and a door to the "rear" area with access to the Shed and parking -
The covered carport has Side-by-Side parking - Enjoy the cool
afternoon breeze while others are walking their pets around the
Park or driving by in their golf carts. Stroll the Scenic
greenbelts and winding walkways throughout the Park which lead to
the Sparkling Lake with Fishing and Clubhouse nearby - Enjoy your
Leisurely Lake Park Lifestyle! Fun includes: Parties in the
Recreation Pavilion, Bingo, Bunco, Fishing, Library, Billiards,
Exercise Room with newer equipment - Dinner Events - Potlucks,
Casino Outings, Pool & Spa, Water Aerobics, watching the Seasonal
Parades in the Park, Tennis, Pickle-ball, and more!
Unit Size
1,640 Ft²
Days on Market
105 days
Land Size
-
Price per sqft
$171
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
$1
Year Built
-
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Cap Rate Calculator
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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.
Outdoor Living Structures: Concrete, Covered, Open, Patio
Spa Features: Community, Gunite, Heated, In Ground
Pool Features: Community, Fenced, Filtered, Gunite, Gas Heat, Heated, In Ground, Association
Lot Information: Close To Clubhouse, Front Yard, Greenbelt, Sprinkler System
Elevation Units: Feet
Utilities Details
Cooling Type: Electric
Heating Type: Forced Air, Fireplaces, Natural Gas
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected
Location Details
Association Amenities: Billiard Room, Clubhouse, Fitness Center, Game Room, Meeting Room, Management, Pickleball, Pool, Pet Restrictions, Spa Hot Tub, Tennis Courts
Association Fee: $10
Association Fee Frequency: Annually
Community Features: Curbs, Gutters, Lake, Storm Drains, Street Lights, Sidewalks, Fishing, Pool
Security Features: Resident Manager
Subdivision: Lake Park Brea
High School District: Fullerton Joint Union High
Subdivision Name: Lake Park Brea
Directions: Enter Part From Puente St - Turn Left and follow to end - Turn Right onto Fern Lake Ave and go to Stop sign - Turn Right at Stop and proceed to 636 Forest Lake Dr, on RIGHT
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