2850 Mayfield Avenue
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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 |
|---|---|---|---|
| Jul 12, 2019 | Sold | ||
| Sold | |||
| Apr 13, 2019 | Listed by Media West Realty,Inc. | $797,000 | |
| Listed by Media West Realty,Inc. | |||
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Welcome to this beautifully, well preserved craftsman bungalow style home! This charming house has staggered shake siding & custom column pillars, truly a house you'll enjoy coming home to. Built in 1923, it boasts its original features like stone fireplace w/cement hearth, built-in dining room & living room cabinets, large style crown molding & baseboards, perfectly finished original wide plank hardwood flooring. There is 3 large bedrooms and 2 baths w/a Master suite having a big walk-in closet & bigger full bathroom and separate shower/tub. Your inner chef will enjoy cooking in this quality galley style kitchen w/upgraded cabinets, granite counters, under cabinet lighting and Saltillo tile flooring. There's a great dining room, an eat-in kitchen plus an office! Original patio cover leading out to massive back yard w/a pond, veggie gardens & a chicken coop currently holding 11 resident chickens! The 10,562 square foot lot is almost 1/3 of an acre where you can add on to the home, build that dream garage w/ADU or put in a pool! There's a double entree full stand up basement that is roughly 1400 square feet, part of the basement has existing plumbing & can be used as a man cave, office or game room, owners have approved plans to convert the basement to 3 additional units! Upgrades include new heating & air, mostly copper plumbing, 200 amp panel. Front yard is has drought tolerant features & the home is located on a cul-de-sac just a 2 minute walk to Crescenta Valley High!
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| May 27, 2017 | Sold | ||
| Sold | |||
| Apr 2, 2017 | Listed by Keller Williams Real Estate Services | $729,000 | |
| Listed by Keller Williams Real Estate 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