2520 Upper Terrace
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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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 21, 2025 | Sold | ||
| Sold | |||
| Dec 12, 2024 | In contract | - | |
| In contract | |||
| Oct 14, 2024 | Listed by COMPASS | $1,499,000 | |
| Listed by COMPASS | |||
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Welcome to 2520 Upper Terrace, a charming home nestled in the coveted La Crescenta community. This inviting residence features three spacious bedrooms, two bathrooms, and a spacious living room with a fireplace.It has been beautifully remodeled and freshly painted with new flooring. The spacious kitchen has stone countertops and a breakfast nook. The property showcases a generous, open backyard ready for your personal touch. The neighborhood is celebrated for its strong sense of community and is conveniently located close to award-winning schools, renowned hiking trails, Two Strike Park, shopping, and dining. This home is a true gem with its charming curb appeal and room for personalization. Additionally, the home features a converted two-car garage, now a permitted ADU with its address, providing a home office, art studio, or rental potential. The ADU measures 360 SF of living space with a 3/4 bath and the kitchenette; The total living area includes the ADU. Tour today to explore the possibilities.
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| Jun 28, 2016 | Sold | ||
| Sold | |||
| May 6, 2016 | Listed by Keller Williams R. E. Services | $798,000 | |
| Listed by Keller Williams R. E. Services | |||
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About La Crescenta-Montrose
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017