$1,135,000
●
House -
Off Market
7912 4th Place
Downey, CA 90241
4 Beds
3 Baths,
1
Half Bath
1,886 Ft²
$5,524
Est. Monthly
About This Property
Cape Cod 2-Story Home in Orange Estates!! This charming 4 bedroom,
3 bath home boasts an inviting living room with marble fireplace
and hardwood floors, and a sunny kitchen with large dining
area. There's 1 bedroom downstairs with a remodeled
three-quarter bath and three bedrooms upstairs, two of which have
oversized walk in closets. The backyard has a large covered
patio and fruit trees too. Best of all, there's a 3 car
detached garage with extra parking adjacent. Other features
of the home include an inside laundry room, new water heater,
central air and heater, newer windows, and newer electrical
panel. The property is near Furman Park and Rio Hondo
Elementary to the west and Downtown Downey to the east.
Unit Size
1,886 Ft²
Days on Market
53 days
Land Size
0.13 acres
Price per sqft
$597
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1964
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Cap Rate Calculator
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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 #DW24205259)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 25, 2024 | Sold | ||
| Sold | |||
| Nov 1, 2024 | In contract | - | |
| In contract | |||
| Oct 25, 2024 | Price Decreased |
$1,125,000
↓ $25K
(2.2%) | |
| Price Decreased | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
| Oct 3, 2024 | Listed by 24 Hour Real Estate | $1,150,000 | |
| Listed by 24 Hour Real Estate | |||
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 Downey
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Listed by: Michael Berdelis, 24 Hour Real Estate
Last Updated: 2 years ago
Data Source: CRMLS, MLS# DW24205259
Last Updated: 2 years ago
Data Source: CRMLS, MLS# DW24205259
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