3501 Montrose 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 |
|---|---|---|---|
| Oct 4, 2022 | No longer available | - | |
| No longer available | |||
| Sep 12, 2022 | Listed by Dilbeck Real Estate | $799,997 | |
| Listed by Dilbeck Real Estate | |||
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Close to Crescenta Valley skate park, dog park and community center, find this Zen-like cottage secluded among the oak trees. The owners have touched every inch of this home creating a work of art. There are several spaces to entertain or meditate whichever you are in the mood to do. There are 2 bedrooms in this 1952 built home with hardwood floors, tile in both bathrooms and laminated in the bedrooms. There is recessed lighting, dual pane windows and central heating and air conditioning throughout. The s/w bedroom has its own 3/4 bathroom and free-standing wardrobe. The attic has newer insulation and thermostatically controlled fan. The kitchen has a barn sink, drawer dish washer, Summit refrigerator, gas Big Chill 6 burner range with convection oven and don't miss the appliance cradle. Adjacent to the kitchen is the pantry/laundry with stacked washer and dryer inside the cabinet. The built-in dining table is gigantic for your sit-down meals. Outside, amongst the trees and stamped concrete walkways and patios, some open and some covered, there is a water fountain and fruit trees, pomegranate, lemon and fig surrounded by wood fencing for privacy. The front porch is tiled and covered...one more great sitting area. For those with electric cars there is a station by the car port with an electric entry gate. There is a ton of storage space in the Tuff Shed located in the rear yard.Additional amenities:Award winning schoolsCopper plumbing200 amp panelStainless Steel Range HoodTiled back splashSecurity camerasOutdoor laundry hook-ups The manager has listed the unit size as 854 square feet.
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| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| May 30, 2018 | Listed | $609,000 | |
| Listed | |||
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This charming bungalow nestled in a private corner of the Highway Highlands features a newly updated kitchen with quartz counter tops, fresh, white shaker cabinetry, stainless steel appliances and a built-in breakfast bar. The master bedroom has a large, walk-in closet and large windows for lots of morning sunshine. There's a second bedroom and a four-piece bathroom with the original, vintage tile and woodwork. There's room for a washer/dryer in the laundry room off the kitchen. The back door leads to a private and shaded, paved patio area. There's even room for a storage shed in this tidy and peaceful backyard that has security lighting to enjoy the patio after sunset. This home features new HVAC, new vinyl, double-paned windows, newer roof and a wrought-iron fence with a driveway gate. This home is located within the highly desirable Glendale Unified School District and super close to all the great shopping and dining in Montrose and open space of Crescenta Valley Community Regional Park. The manager has listed the unit size as 854 square feet.
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| Apr 6, 2017 | Sold | ||
| Sold | |||
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About Crescenta Highlands
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017