680 Driftwood Avenue
About This Property
This property offers tons of storage, fig and citrus trees, a gardening area, and lots of patio space perfect for entertaining guests. The City of Brea offers prestigious schools such as; Brea-Olinda Highschool, Brea Junior High, and award-winning Fanning Elementary which is a 5 min walk. No HOA dues. The neighborhood offers walking trails and hilly greenbelts. Close to amenities such as Brea Mall, City Hall, Movie Theaters, hiking trails, Brea Community/Senior Center, Downtown Brea, restaurants, and coffee shops.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 9, 2019 | Sold | ||
| Sold | |||
| Nov 8, 2019 | Listed by Douglas Elliman Of California, | $799,000 | |
| Listed by Douglas Elliman Of California, | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017