$680,000
●
House -
Off Market
8433 7th Street
Downey, CA 90241
4 Beds
2 Baths
1,702 Ft²
$917,714
RealtyHop Estimate
38.02%
Since Aug 1, 2020
CA-Los Angeles
Primary Model
About This Property
Beautiful home in a sought after neighborhood in Northeast Downey.
This 3 bedroom home shows beautifully. The tiled entry
leads to a bright living room with hard wood floors, a center
fireplace and ceiling fan. The dining room has a decorative
ceiling and is open to the living room. The dining room
is also conveniently located next to the updated kitchen. Be
sure to check out the professional grade stove, granite counters
and stainless steel, built-in fridge. All three bedrooms are
located in the side wing of the home. There are two nice
sized bedrooms with an updated bathroom and a spacious master
suite. The outdoor space is a bright, low maintenance covered
patio that is ideal for a dining table and a barbecue. The
house also has a finished basement and a two car garage.
Ideally located close to schools and parks, this is an
extremely desirable home you will not want to miss.
3D VIRTUAL TOUR AVAILABLE!!! Copy and paste the following address to your web browser to view: https://bit.ly/2U7fllr
3D VIRTUAL TOUR AVAILABLE!!! Copy and paste the following address to your web browser to view: https://bit.ly/2U7fllr
Unit Size
1,702 Ft²
Days on Market
42 days
Land Size
0.12 acres
Price per sqft
$391
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1951
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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 #PW20106713)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 15, 2020 | Sold | ||
| Sold | |||
| Jun 3, 2020 | Listed by Redfin Corporation | $664,900 | |
| Listed by Redfin Corporation | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
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HOA + Taxes
About Downey
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Costanza Genoese Zerbi, Redfin Corporation
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW20106713
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW20106713
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