$1,075,000
●
House -
Off Market
409 meadows Drive
Glendale, CA 91202
3 Beds
1 Bath
1,903 Ft²
$1,486,958
RealtyHop Estimate
50.35%
Since Jan 1, 2019
CA-Los Angeles
Primary Model
About This Property
Located in one of the most desirable areas of Northwest Glendale on
a little traveled street sits this classic Mid-Century View
Property. Homes like this come on the market so rarely as
evident by the current owners purchased this property in 1956 and
never moved. The home features a large living room with view, a
large family room with fireplace, a large dining area and newer
remodeled kitchen with new cabinets, self closing drawers etc.
Included in the 3 bedrooms is a large master bedroom with en suite
3/4 updated bath. While the property maintains it's mid-century
charm it appears some of the major systems have been addressed and
up-graded icluding dual pane windows, up-dated electrical panel,
central AC etc. Property square footage and lot size quoted are
from tax assessor information and have not been verified by Seller
or Listing Agent. Buyer to verify ALL independently.
Unit Size
1,903 Ft²
Days on Market
45 days
Land Size
0.20 acres
Price per sqft
$520
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1956
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 13 months ago (CRMLS #318004496)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 17, 2018 | Sold | ||
| Sold | |||
| Nov 2, 2018 | Listed by Keller Williams R. E. Services | $989,000 | |
| Listed by Keller Williams R. E. Services | |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Brockmont
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Listed by: Robert Schad, Keller Williams R. E. Services
Last Updated: 13 months ago
Data Source: CRMLS, MLS# 318004496
Last Updated: 13 months ago
Data Source: CRMLS, MLS# 318004496
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