2540 W Roven Avenue
About This Property
Hardwood floors and crown molding throughout. Newer AC unit and double-paned windows. Bath with jetted tub. Large enclosed patio with french doors and Mexican pavers. Indoor laundry room with lots of storage space. Large attic provides much more additional storage. Great home to entertain with sparkling pool. Inviting front yard with avocado, guavas, apple, pear, lemon, and tangerine trees. Huge 40x20 ft enclosed & gated RV parking... And a view of Disneyland fireworks from the kitchen!
NOTE: Enclosed patio adds another 390 sq ft(est) and not included in home's 1444 sq. ft. assessment.
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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 27, 2017 | Sold | ||
| Sold | |||
| Aug 7, 2017 | Listed by Reliance Real Estate Services | $588,500 | |
| Listed by Reliance Real Estate Services | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017