2976 Las Flores Avenue
About This Property
Step into the open and expansive living room and dining room, complete with a cozy fireplace and a charming vaulted beamed ceiling. Large windows in the living room overlook the beautiful backyard and the surrounding neighborhood, creating a bright and inviting atmosphere. The master bedroom boasts an ensuite bathroom and a slider that provides direct access to the backyard, perfect for morning coffee or evening relaxation.
The second bedroom is exceptionally large, offering the potential to separate it into its own living space with its own bathroom and outside access. This versatile bedroom could be used as a guest suite, home office, or even a rental unit.
The expansive lot is a gardener's dream, with multiple fruit trees and plenty of space for expansion or creative landscaping. The property includes an external work shed, a carport with extra storage, and ample parking with a 2-car carport and a large brick driveway with ample room for multiple vehicles. An added bonus is the paid off solar panels that will help lower your electricity bills year around.
This home offers privacy, serenity and a rare opportunity to build a lifetime of memories. it is conveniently located just a short distance from shopping at the Galleria at Tyler, and minutes from the 91 freeway. You get the best of both worlds – tranquility and convenience. This single story ranch style home combines comfort, space, and potential. Schedule a viewing today and imagine the possibilities!
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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 19, 2024 | Sold | ||
| Sold | |||
| Aug 19, 2024 | In contract | - | |
| In contract | |||
| Jul 24, 2024 | Listed by Real Broker | $850,000 | |
| Listed by Real Broker | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017