2473 Bywood Drive
About This Property
Has two car garage that could be turned to guest house or an ADU. Beautiful private side yard. Build your own custom entertainment private yard, pool, jacuzzi, gazebo, waterfall, custom BBQ area or vegetable garden and fruit trees.
Perfect for raising a family and is close to schools, parks, community events and diverse dining. Driving distance to Americana and Galleria, downtown Glendale, The Brand Park, & Kenneth Village, downtown Montrose, downtown Los Angeles, Burbank, NOHO, Old Town Pasadena and the Rose Parade. Close to GCC, PCC and JPL. Local LA and Hollywood attractions include the Music Center.
This totally remodeled home shows real pride of ownership. New roof, new hardware throughout the home, new 400 amp electrical, copper plumbing, insulation, new wood windows and doors private two car garage, and much more. Everything in this area sells quickly, priced right and will not last long in this market.
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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 |
|---|---|---|---|
| Sep 30, 2024 | Sold | ||
| Sold | |||
| Aug 8, 2024 | In contract | - | |
| In contract | |||
| Jul 24, 2024 | Listed by Markarian Realty | $1,399,999 | |
| Listed by Markarian Realty | |||
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About Glenoaks Canyon
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017