2566 Blanchard Place
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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%.
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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.
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 |
|---|---|---|---|
| Nov 19, 2024 | Sold | ||
| Sold | |||
| Oct 24, 2024 | In contract | - | |
| In contract | |||
| Oct 16, 2024 | Listed by The Real Brokerage, Inc. | $645,000 | |
| Listed by The Real Brokerage, Inc. | |||
| May 17, 2024 | No longer available | - | |
| No longer available | |||
| May 15, 2024 | Listed by Wheeler Steffen Sotheby's International Realty | $375,000 | |
| Listed by Wheeler Steffen Sotheby's International Realty | |||
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Listing entered into MLS for comparable purposes. Built in 1929 in the original Arbor Verde Tract, vintage 2 bedroom, 1 bath, 744 sq/ft home on a 4,738 sq/ft lot. House needs complete renovation. Located adjacent to the City of Claremont, close to Claremont Wilderness Park, hike/bike trails, California Botanic Gardens. Short distance to Mt. Baldy and convenient access to the 10 and 210 freeway systems, Claremont Depot/Metrolink and bus lines. Bring your tool belt and your vision to redesign a piece of local history. The manager has listed the unit size as 744 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017