3911 Point Drive
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%.
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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.
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 |
|---|---|---|---|
| Mar 27, 2025 | Sold | ||
| Sold | |||
| Feb 12, 2025 | Listed by Equity Union | $1,700,000 | |
| Listed by Equity Union | |||
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Views, views, views! Welcome to this modern retreat, where every room is designed to bring the outdoors in. As you enter, you'll be greeted by large windows which flood the space with natural light and frame stunning city vistas. The open floor plan is perfect for both daily living and entertaining, and features a newly renovated, chef-worthy kitchen that boasts sleek stainless-steel appliances, a breakfast bar, and a dining area that flows seamlessly into the spacious living room with a cozy fireplace. The primary suite, located upstairs, offers an impressive walk-in closet, a double sink vanity, and jaw-dropping views of Los Angeles and the iconic city skyline. With four outdoor balconies and ample yard, you'll have plenty of space to take in the scenery or enjoy a peaceful moment outdoors. This home is equipped with a convenient laundry room and modern finishes throughout, making it as functional as it is stylish. Situated in the highly sought-after Mt. Washington Elementary School district, you'll be close to the 110 and 5 freeways, as well as local parks, shopping, and restaurants.
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| Jan 27, 2021 | Sold | ||
| Sold | |||
| Sep 3, 2020 | Listed by Keller Williams Realty | $1,375,000 | |
| Listed by Keller Williams Realty | |||
Property Highlights
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About East LA
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017