653 S Loretta Drive
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 24, 2017 | Sold | ||
| Sold | |||
| Jul 29, 2017 | Listed | $649,900 | |
| Listed | |||
| | |||
|
Prime City of Orange location. Excellent Neighborhood, 4 Bedrooms, 2 Baths. This home has a remodeled kitchen with upgraded counter tops and beautiful stainless steel appliances. The master bath is remodeled with an extra large walk in shower. The guest bath is upgraded with new vanity counter top and full length mirror. The home is situated on a large lot with spacious back yard. There is also a newer above ground spa for relaxing in the evenings. The home is conveniently located near several freeways for quick access to work or travel. Lots of shopping, entertainment and schools nearby. The manager has listed the unit size as 1806 square feet.
| |||
| Jul 7, 2017 | Listed by California Freedom Real Estate | $649,900 | |
| Listed by California Freedom Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017