Listed by: Sunyoung McDermott, Re/Max Premier Prop SanMarino
$2,500,000
●
House -
Off Market
2505 Florence Avenue
Arcadia, CA 91007
4 Beds
4 Baths
3,203 Ft²
$10,705
Est. Monthly
About This Property
Completely remodeled in 2018, this stunning home offers 4 bedrooms
and 3.5 bathrooms. This gated SFR offers hardwood floors
throughout, new double-pane windows with security glasses, high-end
custom cabinetry and a Kitchen-Aid refrigerator. The house has
updated plumbing and new roof ( 2018). Upon entry, you are greeted
by a spacious open floor plan with an extra-long kitchen
countertop. The main level includes a bedroom suite / full bathroom
and an additional powder room. Upstairs, you'll find the master
suite with a walk-in closet; two additional bedrooms and another
full bathroom. The expansive backyard features a swimming pool with
a new filter and gas water heater, providing the perfect setting
for a quiet and private lifestyle. The home also includes a two-car
attached garage with ample built-in cabinetry. Move-in-ready
condition and must see!
Unit Size
3,203 Ft²
Days on Market
60 days
Land Size
0.28 acres
Price per sqft
$681
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1986
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (CRMLS #AR24179019)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 29, 2024 | Sold | ||
| Sold | |||
| Oct 4, 2024 | In contract | - | |
| In contract | |||
| Sep 22, 2024 | Relisted | $2,180,000 | |
| Relisted | |||
| Sep 13, 2024 | In contract | - | |
| In contract | |||
| Aug 30, 2024 | Listed by Re/Max Premier Prop SanMarino | $2,180,000 | |
| Listed by Re/Max Premier Prop SanMarino | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Arcadia
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Listed by: Sunyoung McDermott, Re/Max Premier Prop SanMarino
Last Updated: 2 years ago
Data Source: CRMLS, MLS# AR24179019
Last Updated: 2 years ago
Data Source: CRMLS, MLS# AR24179019
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