8321 Enramada
About This Property
Nestled along a picturesque tree-lined street, this elevated property boasts an abundance of fruit trees and is just moments away from the Friendly Hills Country Club. The neighborhood offers a serene and private atmosphere, yet is centrally located with easy access to both Orange County and Los Angeles. Enjoy the scenic hills, hiking trails, and fantastic shopping nearby in Whittier, a community known for its charm and exceptional value.
Surrounded by grand estates built in the late 90s and 2000s ranging from 5,000 to 10,000 square feet, this property presents a unique opportunity to create a one-of-a-kind estate in an area renowned for its exclusivity. With the perfect balance of tranquility and convenience, Enramada is the ideal location for your dream home. The possibilities are truly endless-let your imagination take over!
Don't miss out on this extraordinary chance to bring your vision to life. Good luck!
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 6, 2024 | Sold | ||
| Sold | |||
| Oct 23, 2024 | In contract | - | |
| In contract | |||
| Oct 17, 2024 | Listed by Purunjian Inc. | $1,490,000 | |
| Listed by Purunjian Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017