16364 Placid Drive
About This Property
Step inside to discover a bright, open layout with high-quality finishes throughout. Every detail has been thoughtfully updated, including new electrical, plumbing, insulation, drywall, recessed lighting, an electric fireplace, direct access to a fully finished garage, EV hookups, new water heater, new HVAC and roofing providing beauty, efficiency, and durability for years to come.
The brand-new kitchen features a large island, ample storage, double ovens, a large gas range and a farm sink. Both bathrooms have been remodeled with carefully selected fixtures making this home truly move-in ready. With its corner lot placement, the property offers added space, privacy, and curb appeal.
The outside offers beautiful curb appeal with a view of the hills. Both the front and backyard are fully landscaped with timed sprinklers and plumbing for an outdoor kitchen and BBQ in the backyard.
Whether you're looking for your first home, downsizing, or upgrading, this turnkey property is the perfect blend of style, comfort, and quality craftsmanship.
Don't miss the chance to make this beautifully renovated home yours!
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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.
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About East La Mirada
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017