$915,000
●
House -
Off Market
7336 Cleargrove Drive
Downey, CA 90240
3 Beds
2 Baths
1,287 Ft²
$4,493
Est. Monthly
About This Property
Beautiful turnkey home in NW Downey near Treasure Island.
Home has the following new features: Central Air & Heating.
Remodeled kitchen with new refrigerator, built in spice rack
cabinet, butlers pantry, utility storage cabinet, china cabinet
with marble counter top. Custom sliding Birch Screen on kitchen
entry. New carpet in all bedrooms. New tile floors in dining
area and living room. Added barn door in master bathroom, floor to
ceiling Bespoke shelves in front bedroom, Bespoke zigzag shelves in
middle bedroom. All of exterior of home was re-textured
coated. Nice new landscaping in a peaceful backyard great for
entertaining that attracts humming birds throughout the day &
evening, with various fruit trees. Added flood mitigation in side
backyard. Drip system in the front planter and sprinklers in
front yard. New front entry door and security door. Non
slip granite on front porch. Easy access to freeways,
schools, parks, hospitals, shopping centers: Stonewall Mall, Downey
Landing and Downey Promenade.
Unit Size
1,287 Ft²
Days on Market
94 days
Land Size
0.14 acres
Price per sqft
$711
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1952
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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: 2 years ago (CRMLS #DW24172348)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 22, 2024 | Sold | ||
| Sold | |||
| Oct 25, 2024 | In contract | - | |
| In contract | |||
| Oct 7, 2024 | Relisted | $915,000 | |
| Relisted | |||
| Oct 5, 2024 | No longer available | - | |
| No longer available | |||
| Sep 13, 2024 | In contract | - | |
| In contract | |||
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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
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Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Listed On
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Sold On
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HOA + Taxes
About Downey
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Listed by: Silvia Cruz, Century 21 Allstars
Last Updated: 2 years ago
Data Source: CRMLS, MLS# DW24172348
Last Updated: 2 years ago
Data Source: CRMLS, MLS# DW24172348
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