2516 Snead Drive
About This Property
Inside, you'll find a bright living room with a cozy fireplace and a separate family room for added relaxation or entertainment. Sliding doors lead to a custom brick gathering area in the backyard, perfect for outdoor fun, plus a patio cover and a long driveway with ample guest parking.
The functional kitchen and in-house laundry room add convenience, and plenty of storage throughout keeps everything organized. Recent updates include newer windows, fresh paint, new carpet, and a newer water heater.
The detached two-car garage features an adjacent bonus storage room. Essential upgrades like an updated 200-amp electrical panel, plumbing, and sewer connections provide peace of mind.
Situated in the highly regarded Alhambra School District, this home blends charm, practicality, and modern updates in a prime location. Don't miss out!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 12, 2025 | Sold | ||
| Sold | |||
| Feb 11, 2025 | Listed by RICHON PHAN | $1,298,000 | |
| Listed by RICHON PHAN | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017