3361 Meeker Avenue
About This Property
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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 |
|---|---|---|---|
| Jul 8, 2025 | Listed | $988,000 | |
| Listed | |||
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Meeker Ave., in El Monte is a beautifully updated 5-bedroom, 4-bathroom home that offers comfort, space, and investment potential!
This spacious residence has been extensively upgraded by the current owner, including the addition of a new bedroom and two brand-new bathrooms, creating an ideal layout for a large or multi-generational living. The kitchen has been tastefully updated, and the existing bathrooms have been renovated with modern finishes throughout. Additional improvements include new concrete work—perfect for outdoor entertaining or extra parking—and a fresh coat of paint both inside and out, giving the home a clean, move-in ready appearance. The property is currently rented, offering an excellent opportunity for investors looking for steady income or future owner-occupants interested in securing a home with rental potential. An added bonus – there is potential to build an ADU creating even more value, flexibility, or rental income. Centrally located in the heart of El Monte, this home is within a short distance to City Hall, local restaurants, markets, stores, and offers quick access to major freeways—making commuting and daily errands a breeze. Don’t miss this turnkey, income-producing property in a prime location!
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| Feb 6, 2025 | Sold | ||
| Sold | |||
| Jan 15, 2025 | In contract | - | |
| In contract | |||
| Nov 19, 2024 | Listed by Elite REO Brokers | $699,000 | |
| Listed by Elite REO Brokers | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017