401 MELVIN AVENUE
About This Property
The primary residence features 3 bedrooms and 2.5 bathrooms, while the fully functioning in-law suite includes 2 bedrooms, a full kitchen, family room, and full bathroom-a rare and valuable feature that's increasingly hard to find.
While the home could benefit from some TLC and cosmetic updates, many of the major improvements have already been completed, including a newer roof, updated mechanical systems, and solar panels for added energy efficiency.
Please note that the home is being sold with a significant amount of the seller's personal property remaining. Buyers should expect the home to be conveyed in its current condition.
Whether you're looking to accommodate extended family, create a private living space for loved ones, or simply take advantage of the incredible potential this home offers, this is an opportunity to add your personal touches and build equity in a home with features that are truly uncommon.
Bring your vision and discover the possibilities this versatile Glendora property has to offer!
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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 |
|---|---|---|---|
| Aug 11, 2026 | Sold | ||
| Sold | |||
| Jul 8, 2026 | In contract | - | |
| In contract | |||
| Jul 1, 2026 | Listed by Real Broker, LLC | $399,000 | |
| Listed by Real Broker, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017