Listed by: Laura Rapp, The Olson Agency
$850,000
●
House -
Off Market
8234 Burton Place
Reseda, CA 91335
4 Beds
2 Baths
1,212 Ft²
$4,169
Est. Monthly
About This Property
Back On Market! Come See This Beautiful 4 Bedroom, 2 Bath
Cul-de-sac Home in a Serene North Reseda Neighborhood, Just
Adjacent to Northridge. The Kitchen has New White Cabinets, New
Quartz Countertops, New Stainless-Steel Stove and Dishwasher and
New Large Single Stainless-Steel Sink. Indoor Laundry Room off
Kitchen is a Must Have Convenience. New Luxury Vinyl Plank Flooring
Through Out. Bathrooms have New Vanities, New Med Cabinets, and New
Lighting. New Recessed Lighting in Kitchen, Living Room and
All 4 Bedrooms. New Interior and Exterior Paint. Copper Plumbing,
Window Treatments and Wireless Alarm System. The Neutral Colors
Allow for Easy Decorating and Easy Move In. Very Large Rear Yard
has Concrete Patio, Orange and Fig Trees, and Plenty of Space to
Grow. 2 Car Garage is a Great Opportunity for an ADU. Plenty of
Driveway to Park and Possible Room for RV/Boat.
Unit Size
1,212 Ft²
Days on Market
67 days
Land Size
0.15 acres
Price per sqft
$701
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
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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: 3 years ago (CRMLS #SR24152630)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 1, 2024 | Sold | ||
| Sold | |||
| Sep 24, 2024 | In contract | - | |
| In contract | |||
| Sep 18, 2024 | Relisted | $849,000 | |
| Relisted | |||
| Sep 14, 2024 | In contract | - | |
| In contract | |||
| Aug 25, 2024 | Price Decreased |
$849,000
↓ $50K
(5.6%) | |
| Price Decreased | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
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About South Valley
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Listed by: Laura Rapp, The Olson Agency
Last Updated: 3 years ago
Data Source: CRMLS, MLS# SR24152630
Last Updated: 3 years ago
Data Source: CRMLS, MLS# SR24152630
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