1753 Stearns Drive
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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%.
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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.
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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 6, 2021 | No longer available | - | |
| No longer available | |||
| Jul 29, 2021 | Sold | ||
| Sold | |||
| Jun 15, 2021 | Listed by Compass | $1,999,000 | |
| Listed by Compass | |||
| Jun 16, 2020 | In contract | - | |
| In contract | |||
| Apr 6, 2020 | Listed | $1,895,000 | |
| Listed | |||
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This 3 bed, 2 1/2 bath home with remodeled garage is the perfect marriage of Spanish Bungalow and modern living. Major remodel retains the 1931 exterior charm while completely modernizing the interior. Beautiful finishes: oak floors, marble tile & countertops, custom cabinetry and closets. Enter into the open living/dining/kitchen area with 9' ceilings, marble fireplace, entertainment center & stunning Kosher kitchen with enormous pantry and breakfast area. Chefs will love the top-of-the-line appliances, large island, and tons of workspace. The master suite has vaulted ceiling, fireplace, double sliding glass doors to the yard, and master bath with a dual vanity & glass shower. Two bedrooms, each with walk-in closets, share a jack-and-jill bath. Two work stations, half bath, and laundry area off the hall make efficient use of space. Enormous office has a double glass door opening to the yard. A must see home! The manager has listed the unit size as 2600 square feet.
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About Central LA
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017