462 Armitos Place
About This Property
Welcome to this beautiful single story, 3-bedroom, 2-bathroom house in a quiet neighberhood in Diamond Bar. The house has been newly tastefully remodeled and is situated on a large lot (0.25 acres) with gated RV parking.
The front of the house opens into a spacious living room with a high vaulted cieling and large window for added natural light. The living room leads to the adjacent family room displaying the newly serviced fireplace with brand new gas log set, ready for cozy winter nights. The inside quarters feature a primary bedroom and bathroom plus two additional side by side rooms and a second full bathroom.
BRAND NEW BATHROOMS, BRAND NEW LUXARY VINYL PLANK FLOORING THROUGHOUT, BRAND NEW PAINT INSIDE AND OUT, BRAND NEW WINDOW COVERINGS, BRAND NEW WATER HEATER, DISHWASHER, KITCHEN SINK, VENT HOOD AND CEILING FAN.
The house is also located close to shopping, restaurants, parks & schools and has easy access to 60, 71 & 57 Freeways.
THIS HOUSE WILL NOT LAST. A MUST SEE!
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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 |
|---|---|---|---|
| Jan 17, 2025 | Sold | ||
| Sold | |||
| Jan 3, 2025 | Listed by JOHN ZAKI BROKER | $949,900 | |
| Listed by JOHN ZAKI BROKER | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017