8432 4th Street
About This Property
A well kept house in a small community , sits at the end of a cul-de-sac , centrally located close to freeways , banks, the mall, shopping and restaurants. Close to the Fullerton municipal airport and the Metro station. A large lot size with lots of possibilities. In the large back yard with a patio and a walkway sits two structures one is a working space which is used by the current owner as an art studio and the other is a large structure which could be used as a workshop or a storage area, yard tools included. The backyard is fenced with a brick wall and steel entry gates. A two car garage with a new garage door is situated in the front left side of the property . Parking is also available on the street and in the driveway. The laundry area has large cabinets for storage. In the kitchen there is a sitting counter with chairs, a pantry and a pull out spice rack. Recess lighting in preferred areas . Cable is available so is the ring system, if buyers would like to keep the services they can pick up the membership after possession.
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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 |
|---|---|---|---|
| Feb 10, 2025 | Sold | ||
| Sold | |||
| Dec 11, 2024 | Listed by TRT Capital | $780,000 | |
| Listed by TRT Capital | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017