$665,000
●
House -
Off Market
7609 Calmcrest Drive
Downey, CA 90240
4 Beds
1 Bath,
1
Half Bath
2,321 Ft²
$989,919
RealtyHop Estimate
47.09%
Since May 1, 2019
CA-Los Angeles
Primary Model
About This Property
Mid century modern home! Tons of potential in this classic home
with a modern flair!
The living room has vaulted ceilings with transom windows to bring in lots of light! Newly finished hardwood floors! Built in cabinets with a beautiful wood grain!
Kitchen has 2 bay windows, granite counters and tons of storage space. Pull out pantry shelving! 2 ovens plus a built in microwave.
Large Family room off living area has a wet bar and a huge laundry room with sink!
Above the family room is a huge room with tons of uses! Convert to 4th bedroom (master Suite) or make it game room or play area! It has a sink and a large closet for storage and small balcony! Use your imagination to make it fit your needs!
Tucked in a great Northwest Downey neighborhood!
The living room has vaulted ceilings with transom windows to bring in lots of light! Newly finished hardwood floors! Built in cabinets with a beautiful wood grain!
Kitchen has 2 bay windows, granite counters and tons of storage space. Pull out pantry shelving! 2 ovens plus a built in microwave.
Large Family room off living area has a wet bar and a huge laundry room with sink!
Above the family room is a huge room with tons of uses! Convert to 4th bedroom (master Suite) or make it game room or play area! It has a sink and a large closet for storage and small balcony! Use your imagination to make it fit your needs!
Tucked in a great Northwest Downey neighborhood!
Unit Size
2,321 Ft²
Days on Market
65 days
Land Size
0.14 acres
Price per sqft
$290
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1953
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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 #DW19010138)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 12, 2019 | Sold | ||
| Sold | |||
| Feb 6, 2019 | Listed by 24 Hour Real Estate | $673,000 | |
| Listed by 24 Hour Real Estate | |||
Property Highlights
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
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Sold On
Sold On
HOA + Taxes
About Downey
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Marie Picarelli, 24 Hour Real Estate
Last Updated: 4 months ago
Data Source: CRMLS, MLS# DW19010138
Last Updated: 4 months ago
Data Source: CRMLS, MLS# DW19010138
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