Listed by: Jenny Xu, RE/MAX MASTERS REALTY
$2,420,000
●
House -
Off Market
2903 N Monte Verde Drive
Covina, CA 91724
5 Beds
5 Baths
4,806 Ft²
$12,993
Est. Monthly
About This Property
COMPLETELY REMODELED!!! Private long driveway that leads to this
gorgeous custom estate. It features 5 bedroom 4 baths (total 2
master suites one upstairs and one downsrtairs). Large open concept
living room with custom built fireplace. Formal dining room. Bonus
room with large wet bar. 2 deluxe master suites with walk-in closet
and resort like master bathroom with standalone soaking tub.
Gourmet kitchen with custom cabinetry and quartz counter tops and 2
islands perfect for entertaining. Custom cabinetry, recesses
lighting, and upgraded double pane windows/sliding doors
throughout. You will find the unique and amazing Park-like HUGE
backyard w/spectacular pool/spa with waterfalls, a fire pit &
fireplace plus a FULL SIZE TENNIS COURT. Also there is a room to
built ADU with view. Close to golf course/ country club, shopping
center, restaurants, parks , schools, parks and easy exit to 10 &
60 freeways. Cal-Poly Pomona and MT. San Antonio College just few
minutes away. Horse property.
Unit Size
4,806 Ft²
Days on Market
170 days
Land Size
1.18 acres
Price per sqft
$551
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1980
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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 #CV24093205)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 7, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 25, 2024 | In contract | - | |
| In contract | |||
| May 21, 2024 | Listed by RE/MAX MASTERS REALTY | $2,646,000 | |
| Listed by RE/MAX MASTERS REALTY | |||
Property Highlights
Garage
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Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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HOA + Taxes
About East Hills
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Listed by: Jenny Xu, RE/MAX MASTERS REALTY
Last Updated: 2 years ago
Data Source: CRMLS, MLS# CV24093205
Last Updated: 2 years ago
Data Source: CRMLS, MLS# CV24093205
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