9219 Stanford Avenue
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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%.
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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.
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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 |
|---|---|---|---|
| Jun 19, 2020 | Sold | ||
| Sold | |||
| Dec 16, 2019 | Listed by HomeSmart, Evergreen Realty | $525,000 | |
| Listed by HomeSmart, Evergreen Realty | |||
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South Gate was one of ten U.S. communities to receive the All-American City Award from the National Civic League in 1990.
This is a beautiful well kept home located in the city of South Gate. This property has the original hardwood floors and beautiful crown-molding. There are 2 separate dinning rooms off the kitchen. One can be used for casual use and the other for a more formal dinning experience. New roof and dual pane windows in the last couple of years. There is also a permitted guess house (studio) in the back that could provide extra income for you. Has a large stunning driveway and carport with plenty of room to park many cars. It also has a 2-car garage.
Conveniently located 7 miles south of downtown Los Angeles and 13 miles east of of the Los Angeles International Airport. Easy access to the 710 and the 105 FWY. South Gate is served by Metro Local, Metro Rapid buses and GATE (The city of South Gate operates the Get around Town Express to provide local service.) You're also 5 minutes walking distance to Stanford Park. A great park for your kids to play and to walk your dogs.
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| Oct 4, 2018 | Sold | ||
| Sold | |||
| Jun 28, 2018 | Listed by Coldwell Banker Allstars | $490,000 | |
| Listed by Coldwell Banker Allstars | |||
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About South Gate
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017