$1,100,000
●
House -
Off Market
2750 Rustic Lane
Glendale, CA 91208
4 Beds
2 Baths
1,576 Ft²
$1,058,005
RealtyHop Estimate
5.91%
Since Sep 1, 2022
CA-Los Angeles
Primary Model
About This Property
Located on a tree lined street in the Verdugo Woodlands
neighborhood of Glendale, 2750 Rustic Lane welcomes you to come and
make this house your new home. Cared for and enjoyed by three
generations over 60 years, she awaits the next chapter in her
story. Originally built in 1944, the home has 4 bedrooms, 2
bathrooms and a flowing floorplan in 1,576 square feet with a lot
size of 5,760 square feet. The property feels much larger with
unique features as a corner property with neighbors only on the
South side. To the East is the Verdugo Wash, to the North is
Glorietta Park, a gem of a park with excellent tennis courts, play
structures and open space for your leisure and entertaining.
The backyard has several terraced spaces and holds decade old grape
vines,fruiting fig and lemon trees and a patio ready for summer
bbq's. A two car detached garage with workspace is at the
right side of the house and enjoys a long, gated driveway.
Unit Size
1,576 Ft²
Days on Market
33 days
Land Size
0.13 acres
Price per sqft
$634
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1944
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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 #P1-10260)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 3, 2022 | Sold | ||
| Sold | |||
| Jul 1, 2022 | Listed by Coldwell Banker Realty | $999,000 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
Fireplace
Garage
Parking Available
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
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Asking Price
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Sold On
Sold On
HOA + Taxes
About Verdugo Woodlands
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Adam Bray-Ali, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# P1-10260
Last Updated: 2 years ago
Data Source: CRMLS, MLS# P1-10260
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