ActiveResidential · sale

8512 Belmont 31

Cypress, CA 90630

$584,000

  • 2 beds
  • 1 baths
  • 881 sq ft
  • 3.06 acres
  • Built 1981

Listed by ReMax Tiffany Real Estate · MLS #PW26172504

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1981.

Property size

3.06 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

ITS THE ONE YOUVE BEEN WAITING FOR Your chance to become a homeowner with your 1st step into the Real Estate market or a cozy downsizing Highly sought after 2 Bedroom 1 Bath lower end unit in Cypress with inside personal laundry Darling used red brick floor on private patio that also includes a generous sized locking storage cabinet 3 Newly installed ceiling fans to push those cool daily ocean breezes throughout your 1st Home Sweet Home Your only utilities will be electric cable An assigned parking spot right out your ample sized kitchen that features an electric range microwave dishwasher pantry storage areas Included are rights and access for parking an additional vehicle of yourself or a guest Gorgeous wood type flooring real wood vintage crown molding chair rail with 3 new 6 panel interior doors Ready to move into one of the best locations in this gated community with a pool Conveniently located to 91522405 605 freeways Minutes to Long Beach airport shopping schools and every new homeowners go to Home Depot Oxford Academy makes this a possibility with qualified testing Only 60 units and FHA approved to help you call this home Lots of upgrades in this oneowner ever corner end lower unit Stop paying your landlords mortgage Lots of cozy in this hidden gem with large BR closets with shelving Lets get you into an escrow and nesting before school starts and the holidays approach Very near to everything you need including new state of the art public parks Los Alamitos Joint Forces Base is within 5 miles providing occasional exciting glimpses into the best aircraft our military has Amazing sunsets to look upon while relaxing in your kitchen enjoying dinner Dont blink you may miss it One of the best buys for the highly sought after City of Cypress with highly rated Oxford Academy

THE NEIGHBORHOOD

Explore the location.

8512 Belmont 31, Cypress, CA 90630

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1981
Full baths
1
Garage spaces
0
Cooling
SeeRemarks
Heating
ForcedAir
Appliances
Dishwasher,ElectricCooktop,ElectricOven,ElectricRange,Disposal,Microwave,RangeHood,WaterHeater
Flooring
Laminate,Wood
Fencing
Block,ExcellentCondition
Pool
No
Pool features
Community,InGround,Association
Spa
No
Subdivision
Shady Glen HOA
Parcel
93946031
HOA
Shady Glen
HOA amenities
Clubhouse,MaintenanceGrounds,MeetingRoom,Pool,PetRestrictions,PetsAllowed,Trash,Water
HOA fee frequency
Monthly
Elementary school
King
Middle school
Walker/Oxford
High school
Kennedy/Oxford
HOA fee
$430.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$2,433.33
Cap rate

Annual operating income:

Have ERA review this rental estimate

Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

YOUR CAREER. YOUR NEXT CHAPTER.

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8512 Belmont 31, Cypress, CA 90630 · MLS #PW26172504

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Your purchase plans

Property inquiries go to help@erabrokers.com.

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Listing information

MLS #PW26172504 · California Regional MLS

Listing brokerage: ReMax Tiffany Real Estate
Listing agent: DiAnne Spain

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.