1509 Evans Avenue
About This Property
Upstairs, you'll find all five bedrooms, including a spacious primary suite complete with a walk-in closet and private ensuite bathroom featuring dual vanities, a soaking tub, separate shower, and private water closet. Step outside to a private backyard designed for relaxing and entertaining, offering a covered patio, expansive concrete patio space, and mature fruit trees. Additional amenities include laminate wood flooring, custom window treatments, an interior laundry room, and an attached two-car garage with Level-Two (L-2) Receptacle for EV CHARGING and direct access to the house. Residents enjoy the security of a gated neighborhood with ample guest parking, a community park, and a low HOA. Conveniently located near schools, shopping, dining, parks, and major freeways, this exceptional home offers the perfect combination of comfort, convenience, and value.
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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 1, 2026 | Sold | ||
| Sold | |||
| Sep 2, 2026 | In contract | - | |
| In contract | |||
| Aug 22, 2026 | Price Decreased |
$709,000
↓ $30K
(4.1%) | |
| Price Decreased | |||
| Aug 5, 2026 | Price Decreased |
$739,000
↓ $26K
(3.4%) | |
| Price Decreased | |||
| Jul 14, 2026 | Listed by eXp Realty of California, Inc. | $764,800 | |
| Listed by eXp Realty of California, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017