13501 Egbert Street
About This Property
Nestled in the serene hills of Sylmar. This expansive single-family residence presents a remarkable opportunity for those seeking space and practicality. The property has been partially renovated, blending modern amenities with usability throughout its generous 4,417 square feet of living space. Featuring seven bedrooms and five bathrooms, this home accommodates large or multi-generational families with ease, offering both privacy and communal areas perfect for family gatherings.
Set on a substantial 15,579-square-foot lot, the home boasts a vast driveway with ample room for multiple or large vehicles, highlighting its suitability for guests or residents with significant parking needs. The location, tucked away in the tranquil setting of the hills, provides a peaceful retreat from the hustle and bustle, yet remains conveniently accessible.
Additionally, this property features a detached recreation room that exemplifies versatility and practicality. With ample interior square footage, this space is currently perfect for entertainment, hobbies, or as a personal gym, providing a separate retreat away from the main living areas. The generous size and detached nature of this building offer exciting potential for conversion into an Accessory Dwelling Unit (ADU) if the new owner would so choose. This adaptation could serve as a private residence for extended family, a rental opportunity for additional income, or a dedicated space for guests, enhancing the functionality and value of the property significantly. The possibilities for this space are as expansive as its footprint, ready to be tailored to meet diverse needs and lifestyles.
This property is not just a home; it's an investment in worth and applicability, available at a value that is as impressive as its scale and usability . It's an ideal choice for those looking to grow together and enjoy a life of comfort in a picturesque setting.
(More pics of more rooms coming soon.)
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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 |
|---|---|---|---|
| Nov 25, 2024 | Sold | ||
| Sold | |||
| Oct 8, 2024 | In contract | - | |
| In contract | |||
| Sep 29, 2024 | In contract | - | |
| In contract | |||
| May 14, 2024 | Listed by Equity Union | $1,199,000 | |
| Listed by Equity Union | |||
| Nov 10, 2023 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017