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1501 Orchid Way, Lakeport, CA 95453
40 photos
$299,900
1501 Orchid Way Lakeport, CA 95453
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Open House Dates
There are no scheduled open houses at this time.
Bedrooms
2
Bathrooms
2 (2 full)
Square Feet
1,260
Acres
0.03
Year Built
1986
Garage Space
1
Property Type
Residential
Days on Market
7
Property Highlights
2Bed 2Bath Home in Prime Location Close to Schools Shopping Beautiful Clear LakeWelcome to this inviting 2bedroom 2bathroom home with Solar in the heart of town just minutes from the local schools convenient shopping scenic Clear Lake and familyfriendly parksStep inside to a bright open living room filled with natural light streaming through three large windows a skylight and a cozy fireplacethe perfect place to relax or entertain The openconcept kitchen and dining area offer seamless access to an oversized backyard featuring a covered patio established landscaping and plenty of space for gardening pets and outdoor entertainingThe spacious primary bedroom includes a private bathroom and direct access to a peaceful deck area via sliding glass doorsideal for morning coffee or quiet evenings outdoorsWhile the home could use a little TLC its prime location and generous layout present a fantastic opportunity to make it your own Dont miss out on this hidden gem with great bones and endless potential
Are you looking for an investment property? Wondering what a property like this might rent for in this market? Here is an estimate of what this property will rent for per month.
Are you searching for an investment property that matches your financial objectives? Interested in the possible rental income it could produce in the current market? Through proficient property management, we have estimated the monthly rental revenue for this property.
We estimate that this property will rent for about $1,187 per month.*
This valuable information will assist you in making informed decisions about your property investments. Property Management involves the daily oversight of residential, commercial, or industrial real estate by a third-party company. Property managers play a crucial role in maintaining the value of the property while generating income. It’s essential to understand your property management responsibilities when considering an investment property. By hiring us as the best property management company, we can help you maximize your real estate investment.
Find out more information about ERA Property Management services!
Property Services
$1,000
Low
$1,187
Estimate
$1,325
High
*Rental estimate is automatically generated and may not be representative of actual performance. Access the latest real estate market trends and more here: https://erabrokers.com/research
It is important to conduct thorough market research, property inspection, and evaluation of potential expenses and risks before investing in any property. Real estate investments carry inherent risks, and it is essential to consult with professionals such as real estate agents, property managers, and financial advisors to make informed decisions. This estimate is a starting point in determining the monthly rental price for a specific property. Rental restrictions may apply for this home. It is the buyer's obligation to verify rental availability and details.
The rental real estate market outlook for 95453 is expected to remain strong in the upcoming years. Situated in Lakeport, California, 95453 offers a desirable location with serene scenery and access to various amenities. With a growing population and limited housing supply, the demand for rental properties is projected to continue rising. Landlords can anticipate a steady influx of potential tenants, particularly due to the area's proximity to the beautiful Clear Lake and its recreational opportunities. Additionally, the revitalization and development projects in downtown Lakeport are expected to further attract residents, thereby bolstering the rental market. Given these factors, investors and property owners in 95453 should benefit from a stable and lucrative rental market in the foreseeable future.
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Payment Calculator
$
30 years fixed
7%
Monthly Payment
$1,596
This calculator is meant for estimates only. The loan amount defaults to 80% of the listing price (assuming a 20% down payment). Contact a loan professional for the most accurate information and interest rates.
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