15811 Marlin Place
About This Property
Its freshly seeded lawn, swaying palm trees, custom stone planters, and complementary paint scheme enhance its eye-catching curb appeal. You'll step into a flowing 1,345 square foot floor plan that is in "Move-In-Condition" with
hardwood and laminate flooring. The spacious living room is bathed in natural light by a large picture window, and has a gas-burning fireplace with custom finished hearth. The family's cook will appreciate the kitchen's abundant
cabinets, ample counters, built-in appliances, and the convenience of the large adjoining formal dining room with contemporary pendant chandelier. 3 spacious bedrooms. 1¾ bathrooms. Functionally located laundry room with ample
storage and direct backyard access. Energy efficient dual pane windows will help keep your utility bills low and the interior very quiet. Central heat & air for year-round comfort. You're going to enjoy the backyard's large lush lawn,
covered entertainer's patio, and roomy open patio that's perfect for barbecuing. Plenty of secure off street parking on the long concrete driveway and in the 2 car detached garage with automatic opener. All of this sits on a large 8,907
square foot lot that is close to schools, shopping, grocery stores, the 405 freeway, and Lake Balboa Park with its boating lake, golf course, off leash dog park, and comprehensive sport facilities and activities. Call now for all the details
and I'll gladly arrange a private tour
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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 |
|---|---|---|---|
| Apr 18, 2025 | Sold | ||
| Sold | |||
| Dec 23, 2024 | Listed by Park Regency Realty | $889,999 | |
| Listed by Park Regency Realty | |||
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About South Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017