16501 E Masline
About This Property
- 3 Bedrooms 2 Bathrooms with 1078 Sq. Ft. Living Space
- Large backyard with 7,994 Sq. Ft. Lot Size
- Updated kitchen with quartz countertops and new cabinetry
- Renovated Bathroom, Move-in ready condition
- Split AC/Heat system in each bedroom and living room
- Close to schools, shopping, parks, and public transportation
This home is perfect for families looking for comfort and convenience, or investors seeking a great opportunity in Covina!
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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 |
|---|---|---|---|
| Dec 16, 2025 | Sold | ||
| Sold | |||
| Nov 8, 2025 | In contract | - | |
| In contract | |||
| Oct 14, 2025 | Listed by IRN Realty | $699,000 | |
| Listed by IRN Realty | |||
| Sep 21, 2025 | Listed | $755,000 | |
| Listed | |||
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Welcome to this charming single story home in a quiet Covina neighborhood
- 3 Bedrooms 2 Bathrooms with 1078 Sq. Ft. Living Space
- Large backyard with 8,025 Sq. Ft. Lot Size
- Updated kitchen with quartz countertops and new cabinetry
- Renovated Bathroom, Move-in ready condition
- Split AC/Heat system in each bedroom and living room
- Close to schools, shopping, parks, and public transportation
This home is perfect for families looking for comfort and convenience, or investors seeking a great opportunity in Covina!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017