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1821 CAMPUS Road
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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.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 13, 2018 | No longer available | - | |
| No longer available | |||
| Jul 17, 2018 | Sold | ||
| Sold | |||
| Jun 14, 2018 | Listed | $1,350,000 | |
| Listed | |||
| | |||
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Lovingly referred to as the McDowell house by previous owner, Occidental College, this 1925 colonial revival was designed by architects Weston & Weston before they designed the local landmark, American Legion Post 43 in Hollywood. Built for a local attorney and former Occidental Alumni Association President, Charles E McDowell and his family, the home would later go on to be owned by Occidental College from the 1950s into 1970s. Reminiscent of New England and perched on a knoll, the shingled siding, and original wood windows preserve the intrinsic character of this property. With excellent indoor/outdoor flow from the kitchen and formal living room, updates include a remodeled kitchen with apron sink, Kitchen Aid appliances, and a restored vintage Wedgewood stove that adds a touch of whimsy, as well as updated bathrooms, new HVAC and a full electrical rewire with a 200 amp panel upgrade. Additional features include wood flooring throughout, a California basement, and a 2 car garage. The manager has listed the unit size as 2102 square feet.
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| May 18, 2018 | Listed by Nourmand & Associates-HW | $1,350,000 | |
| Listed by Nourmand & Associates-HW | |||
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About East LA
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017