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424 N Via Val Verde
About This Property
Highlights include a 200-amp electrical panel with EV-ready capacity, a new roof, a tankless water heater, a newly poured concrete driveway, and a bathroom with a bathtub-ideal for relaxing at the end of the day or accommodating young kids and pets.
The spacious backyard provides excellent potential for an ADU or future expansion (buyer to verify), ideal for additional living space or income opportunities.
Located on a residential street with convenient access to shopping, dining, and major freeways, close proximity from Downtown Los Angeles.
A rare opportunity to own a move-in ready home with modern design and future potential in a highly convenient Montebello location.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017