9550 Avenida Monterey
About This Property
This home is located in the quiet neighborhood with close proximity to schools, Landell Elementary within walking distance and only moments to shops, eateries and transport this home provides all the elements for relaxing, comfortable and easy-care living. parks and activities, Sought After Excellent School District. Close to Updated Cypress Library and parks. Point of Interest: Disneyland 9miles, Huntington Beach 15miles, Cerritos performing Art Center 4.1miles, Cal State Long Beach 14.7miles, Angel Stadium 14.2miles, LAX 26.9miles. This one won't last, call now for private showing!
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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 |
|---|---|---|---|
| Nov 25, 2024 | Sold | ||
| Sold | |||
| Oct 18, 2024 | In contract | - | |
| In contract | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
| Sep 20, 2024 | Listed by Coldwell Banker Best Realty | $1,190,000 | |
| Listed by Coldwell Banker Best Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017