1
Map
$705,000
●
House -
Off Market
716 De Palma Way
Montebello, CA 90640
4 Beds
2 Baths
2,154 Ft²
$1,022,846
RealtyHop Estimate
48.26%
Since Apr 1, 2019
CA-Los Angeles
Primary Model
About This Property
WOW WOW!!! NORTH MONTEBELLO - HIGH DEMAND NEIGHBORHOOD. Ready for
someone to call home. Central air and heat, Plenty of windows for
great natural lighting, large living room with cozy fireplace,
family size formal dining room with great view of back yard. Family
size kitchen with additional eating area, huge step down family
room or Den, great for those family movie nights and parties.
Bottom floor consists of Living room, kitchen, formal dining room,
family room, bedroom and bath. Upper floor consists of 3 large
bedrooms and 2 baths, one being master bedroom with its own bath.
Home has some new flooring and interior paint. Large 2 car garage
with huge separate laundry room. Back yard has beautiful
landscaping with plenty of space for your gatherings and parties.
Separate cemented area great for a future covered patio. Driveway
offers additional parking. See it, love it and submit your offer!!!
Unit Size
2,154 Ft²
Days on Market
43 days
Land Size
0.14 acres
Price per sqft
$320
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1964
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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 #MB19021722)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 13, 2019 | Sold | ||
| Sold | |||
| Jan 29, 2019 | Listed by L.A. REAL ESTATE NETWORK GROUP | $689,900 | |
| Listed by L.A. REAL ESTATE NETWORK GROUP | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Montebello
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Listed by: RAY DURAN, JR., L.A. REAL ESTATE NETWORK GROUP
Last Updated: 4 months ago
Data Source: CRMLS, MLS# MB19021722
Last Updated: 4 months ago
Data Source: CRMLS, MLS# MB19021722
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