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24243 Gem Place
About This Property
Custom cabinetry with soft-close drawers & quartz counter tops in kitchen. Open-concept spacious living room w/ vaulted ceilings, fireplace & sliding door that opens to landscaped wrapped around yard sanctuary with panoramic views of mountains & valley. PERFECT FOR ENTERTAINING FRIENDS & FAMILY. New central AC. Dual pane windows and patio doors throughout. Fresh paint & smooth ceilings. Wood laminate floors throughout. Recess lighting & crown molding in every room. Both baths have tile floor, vanity sink w/ quartz top & a tub/shower. Master BD w/ sliding glass doors leads out to newly constructed patio area. Washer & dryer in garage.
NO Mello ROOS. NO HOA FEES. Located in the desirable Diamond Bar School District with highly rated Pantera elementary school. Close to Pantera park, freeways, restaurants, libraries, entertainment & more!
MOVE IN READY, ENJOY SPECTACULAR OUTDOOR SCENERY. A MUST SEE!!!
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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 |
|---|---|---|---|
| Jun 12, 2019 | Sold | ||
| Sold | |||
| Mar 22, 2019 | Listed by HomeSmart, Evergreen Realty | $668,000 | |
| Listed by HomeSmart, Evergreen Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017