1207 KIPLING Avenue
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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%.
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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.
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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 |
|---|---|---|---|
| Jul 1, 2023 | No longer available | - | |
| No longer available | |||
| Jun 15, 2023 | In contract | - | |
| In contract | |||
| Jun 3, 2023 | Price Decreased |
$1,195,000
↓ $200K
(14.3%) | |
| Price Decreased | |||
| May 12, 2023 | Listed by Compass | $1,395,000 | |
| Listed by Compass | |||
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Perched atop a serene and verdant hillside, find Los Angeles Historic Cultural Monument #383, an enchanting bungalow designed and built by H. Arden Edwards. A prolific Los Angeles artist of the early 20th century, craftsmanship and design are at the forefront of the home. Relish in details that are impossible to find in new construction, a testament to the artist's touch. With 2 beds and 1 bath, whimsy abounds in the beautiful built-in cabinets, hand-painted murals, and Arts + Crafts details found throughout. The first level is centered around a brick patio, featuring a river rock fireplace, and is accessed by the dining room and kitchen. From the generous front porch, enjoy the sunset, or amble down pathways connected to the outdoor dining patio and a secluded spa. With thoughtful updates and upgrades by the current owner, this home currently holds Mills Act status, while still being in close proximity to many of Eagle Rock's most desirable shops and restaurants. A rare find, this house is pure magic. The manager has listed the unit size as 1476 square feet.
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| Dec 17, 2022 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017