9601 Swallow Lane
About This Property
The main level includes three bedrooms and two bathrooms, providing ample room for family or guests with ceramic wood-like floors . Upstairs, the primary suite offers privacy with a walk-in closet, a bathroom featuring a walk-in shower, and a soaking tub. The suite also includes a balcony-a great spot to enjoy the neighborhood view. The backyard is expansive, offering plenty of room for gardening, play, or even the addition of an ADU, which is highly desirable in this area.
Additional features include a convenient laundry room on the first floor, an attached two-car garage, and a spacious driveway with room for up to four more vehicles, including space for an RV or trailer.
Located in a well-established Garden Grove neighborhood, the home is close to parks, schools, shopping, and dining options. The area is known for its family-friendly atmosphere and highly-rated schools within the Garden Grove Unified School District. With easy access to nearby freeways, commuting is straightforward, connecting you to the surrounding communities and attractions.
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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 |
|---|---|---|---|
| Dec 18, 2024 | Sold | ||
| Sold | |||
| Nov 16, 2024 | In contract | - | |
| In contract | |||
| Oct 25, 2024 | Price Decreased |
$1,178,888
↓ $20K
(1.7%) | |
| Price Decreased | |||
| Oct 7, 2024 | Relisted | $1,199,000 | |
| Relisted | |||
| Oct 7, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017