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4055 Collis Avenue
About This Property
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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.
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 |
|---|---|---|---|
| Oct 13, 2019 | No longer available | - | |
| No longer available | |||
| Sep 15, 2019 | Listed | $1,095,000 | |
| Listed | |||
| | |||
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It is very rare that a property this detailed comes to market. Located in the Monterey Hills district of Northeast LA and adjacent to South Pasadena, Highland Park and El Sereno is this totally reimagined 1951 California Mid-Century Ranch. The home sits prominently above the avenue on an 11,000+sf lot. This stunning property boasts a great room with bar, formal dining room, large family room with fireplace and a newly updated kitchen with adjoining breakfast room. The master suite includes a newly renovated resort style bath and large walk-in closet. There are two additional bedrooms and baths. Outside there is a large patio area, grassyyard, vegetable planters, pond with waterfall and multiple areas for private meditation and entertaining. The detached garage can be the perfect art studio. This is a spectacular renovation with exquisite attention to detail. The manager has listed the unit size as 2809 square feet.
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| Jun 26, 2018 | Sold | ||
| Sold | |||
| May 13, 2018 | Listed by COMPASS | $799,000 | |
| Listed by COMPASS | |||
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