1020 Monte Verde Drive
About This Property
A light-filled entry welcomes you with access to either the elegant formal living room-complete with a full wall of built-in bookcases-or the expansive formal dining room. Both rooms overlook the beautifully landscaped front yard and offer stunning views of the San Gabriel Mountains.
A wide central hallway leads into an inviting family room with a cozy fireplace, seamlessly connected to the serene backyard. The open-concept kitchen is a chef's dream, featuring granite countertops, an oversized center island, and a bright breakfast area. Additional highlights include a large walk-in pantry, a dedicated wine room, a mudroom, and a separate laundry room-each thoughtfully designed for functionality and style.
Three well-appointed bedrooms are located on the first floor along the sunlit south-facing hallway, which also provides direct access to the backyard. The private second level is home to the luxurious master suite, complete with dual walk-in dressing rooms with built-ins, an expansive master bathroom, and a private office-an ideal retreat. The park-like backyard, adorned with mature, professionally designed landscaping, creates a tranquil oasis perfect for outdoor entertaining. Don't miss this rare opportunity to own a truly one-of-a-kind home in one of Arcadia's most sought-after neighborhoods!
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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 |
|---|---|---|---|
| Sep 12, 2025 | Sold | ||
| Sold | |||
| Jul 22, 2025 | In contract | - | |
| In contract | |||
| Jul 3, 2025 | Listed by Treeline Realty & Investment | $3,550,000 | |
| Listed by Treeline Realty & Investment | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017