3307 Colbert Avenue
About This Property
Behind the picture-perfect picket-fenced front yard on the neighborhood's most desired street a dream home awaits. This stunning family home, a few minutes from the award-winning Mar Vista elementary school has been restored to an exquisitely high specification. Imagine enjoying family time in the expansive great room filled with light from vaulted skylights and oversized sliding doors that face out to the glistening pool. Or entertain your friends around the Carrara-marble-topped island in the chef's kitchen, which features custom-built cabinetry and Viking appliances throughout. The home comprises four bedrooms including an expansive master suite with a spacious cedar-lined walk-in closet and three newly-renovated bathrooms.
The home was lovingly remodeled from the ground up by the current owner with a new roof, wall-to-wall hickory flooring, marble fireplace and new chimney stack, high-end pool equipment, electrical system (including an electric-car-ready garage), home security system, plantation shutters, tank-less water heater, central heat and air conditioning, a garden shed, the list goes on. This home is not only move-in-ready, it is perfect. A truly rare opportunity for the lucky new owner.
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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 |
|---|---|---|---|
| Feb 1, 2018 | Sold | ||
| Sold | |||
| Dec 7, 2017 | Listed by Redfin Corporation | $1,850,000 | |
| Listed by Redfin Corporation | |||
Property Highlights
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About West Los Angeles
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017