$700,000
●
House -
Off Market
6691 Reefton Avenue
Cypress, CA 90630
4 Beds
2 Baths
1,426 Ft²
$1,011,108
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model
About This Property
Welcome to your new home! You will be greeted by a beautiful rose
garden as you enter this lovingly cared for home. Once inside, you
are welcomed by the light and bright family room with a beautiful
wood vaulted ceiling, a cozy brick fireplace and a sliding door
that leads out to the covered patio-perfect for entertaining! The
home features an upgraded kitchen with quartz counters, stainless
steel appliances and soft closing hinges. The master bedroom has
its own bathroom and shower as well as a walk-in closet. Ceiling
fans and blinds are in every bedroom, it has been freshly painted,
no popcorn ceilings here and vinyl dual pane windows throughout.
The 2 car direct access garage has an epoxy floor as well as plenty
of storage space. And here's the bonus...it has AC, all new ducting
with new blown insulation and a brand new furnace!!
Unit Size
1,426 Ft²
Days on Market
50 days
Land Size
0.14 acres
Price per sqft
$483
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1962
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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: 5 months ago (CRMLS #OC19111086)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 19, 2019 | Sold | ||
| Sold | |||
| May 30, 2019 | Listed by Coldwell Banker-Campbell Rltrs | $689,000 | |
| Listed by Coldwell Banker-Campbell Rltrs | |||
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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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Cypress
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Janelle Marks, Coldwell Banker-Campbell Rltrs
Last Updated: 5 months ago
Data Source: CRMLS, MLS# OC19111086
Last Updated: 5 months ago
Data Source: CRMLS, MLS# OC19111086
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