$723,900
●
House -
Off Market
7831 Farm Street
Downey, CA 90241
3 Beds
4 Baths
1,896 Ft²
$1,067,023
RealtyHop Estimate
47.40%
Since Aug 1, 2019
CA-Los Angeles
Primary Model
About This Property
Unique 1,896 square foot 3 Bedroom, 4 Bathroom home in the
beautiful city of Downey. This home has a recently upgraded Kitchen
with a breakfast nook, 2 wood burning fireplaces - one in the
Living Room and 1 in the Family room, Updated A/C and Heating Unit,
hardwood floors, newer copper plumbing from the street to the
fixtures, enclosed backyard with a lemon tree. 2 Bedrooms have
their own 3/4 Bathroom. Home also has 1 Full Bathroom and 1 Half
bathroom. Indoor Laundry room and plenty of storage in the garage
and in a walk in attic. Wifi operated thermostat for controlling
the interior climate remotely from your smart phone. Steps away
from Furman Park and is also in close proximity to shopping,
schools, restaurants and entertainment. Easy access to Los Angeles,
Orange County and the South Bay.
Unit Size
1,896 Ft²
Days on Market
58 days
Land Size
0.18 acres
Price per sqft
$382
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1947
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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 #CV19114356)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 12, 2019 | Sold | ||
| Sold | |||
| May 15, 2019 | Listed by KW COLLEGE PARK | $723,900 | |
| Listed by KW COLLEGE PARK | |||
| Feb 15, 2019 | No longer available | - | |
| No longer available | |||
| Sep 10, 2018 | Listed | $704,000 | |
| Listed | |||
| | |||
|
Unique 3 Bedroom home. 2 Master Bedrooms that have 3/4 Bathrooms. There's a common 1 Full Bathroom and a 1/2 Bathroom too. This home features hardwood floors, new cooper plumbing from the street to the fixtures.
| |||
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
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Closing Price
Sold On
Sold On
HOA + Taxes
About Downey
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Currently no similar homes aroundNearby Rentals
Listed by: LAYNE DAVIS, KW COLLEGE PARK
Last Updated: 4 months ago
Data Source: CRMLS, MLS# CV19114356
Last Updated: 4 months ago
Data Source: CRMLS, MLS# CV19114356
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