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12924 Norris
About This Property
Step inside to discover inviting living areas complemented by updated flooring and a comfortable layout. The remodeled kitchen features white cabinetry, a decorative tile backsplash, and ample storage, creating a functional space for everyday cooking and gathering. The bonus living room offers additional flexibility, whether you envision a second gathering space, a place to unwind, or an area tailored to your needs. A dedicated laundry room with a utility sink adds convenience to everyday routines.
Outside, enjoy seasonal fruit from the property's guava, pomegranate, and mandarin orange trees, bringing a special touch to the outdoor space. The generous parking area offers plenty of room for multiple vehicles, providing added convenience for residents and guests alike.
Further highlights include a new roof, double-pane windows on the main house side, and an earthquake retrofit. With its single-story layout, four-bedroom floor plan, and versatile living spaces, this Sylmar home offers a wonderful opportunity to enjoy comfortable living with room to make it your own.
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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 |
|---|---|---|---|
| Oct 30, 2026 | Listed by Real Brokerage Technologies, Inc. | $624,990 | |
| Listed by Real Brokerage Technologies, Inc. | |||
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About North Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017