$705,000
●
House -
Off Market
707 Longfellow Drive
Placentia, CA 92870
3 Beds
2 Baths,
1
Half Bath
1,804 Ft²
$1,063,035
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model
About This Property
Located in the highly desirable Meadow Homes tract in Placentia,
this charming 3 Bed, 2.5 Bath, 1,804sqft single story home offers
excellent curb appeal and a well thought out Open Floor Plan with
vaulted ceilings. The remodeled Kitchen features beautiful Granite
Countertops, new appliances, and plenty of storage. This home also
features an inside laundry space with storage above for
convenience. The two additional bedrooms are large with plenty of
closet space and large windows for natural lighting throughout the
rooms. The master bedroom has a sprawling closet and as well as
additional storage space next to the bathroom. This well-maintained
home has not been on the market since the original owner purchased
it in 1973!
Unit Size
1,804 Ft²
Days on Market
68 days
Land Size
0.16 acres
Price per sqft
$402
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1972
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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: 4 months ago (CRMLS #PW19143584)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 26, 2019 | Sold | ||
| Sold | |||
| Jun 19, 2019 | Listed by Keller Williams Realty | $725,000 | |
| Listed by Keller Williams Realty | |||
Property Highlights
Garage
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
Type
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ft²
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Sold On
HOA + Taxes
About Placentia
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Listed by: Wendy Rawley, Keller Williams Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW19143584
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW19143584
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