130 VIOLET Avenue
About This Property
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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.
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 |
|---|---|---|---|
| Jan 10, 2025 | Sold | ||
| Sold | |||
| Dec 11, 2024 | In contract | - | |
| In contract | |||
| Oct 30, 2024 | Listed by Seven Gables Real Estate | $945,000 | |
| Listed by Seven Gables Real Estate | |||
| | |||
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Over 100 years of history and charm make 130 Violet Avenue a warm and inviting home. This three bedroom home has been carefully updated since its original build in 1925 to features details that embrace its' Spanish architecture.
Featuring two sizable yards, an updated welcoming entry, an entertainment barn, and restored hardwood floors, this home is not just aesthetically pleasing and highly functional. The open-concept living and dining areas offer an inviting space, while the kitchen is equipped with modern appliances and ample storage. RV parking is an added bonus for those in need of extra vehicle space. Located in a prime Monrovia neighborhood, this home is just a short stroll from Old Town Monrovia and its vibrant collection of shops, cafes, and restaurants along Myrtle Ave. With top-rated schools, parks, and easy access to freeways, this property offers the perfect balance of comfort and convenience.
Don't miss your chance to own this move-in ready charming Monrovia home just in time for the holidays.
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| Nov 6, 2017 | Sold | ||
| Sold | |||
| Sep 15, 2017 | Listed by Bret Domrose | $660,000 | |
| Listed by Bret Domrose | |||
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About Monrovia
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017