4741 Ivar Avenue
About This Property
Step into a bright, expansive living room that welcomes natural light. The large kitchen features ample storage, granite countertops, and opens to a formal dining area. Sliding doors from the dining area lead to the serene backyard, perfect for indoor-outdoor living.
Upstairs, you'll find four well-sized bedrooms with laminate flooring. The master suite boasts its own renovated bathroom, while an upstairs balcony overlooks the front yard and offers breathtaking mountain views.
The flat, rectangle backyard is adorned with multiple mature fruit trees, creating an ideal space for relaxation, entertainment, or gardening. The property's layout also provides an excellent opportunity for future additions or an ADU.
Don't miss your chance to enjoy California sunshine in this special south-facing backyard. A must-see gem in Rosemead!
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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 |
|---|---|---|---|
| Feb 14, 2025 | Sold | ||
| Sold | |||
| Dec 14, 2024 | Listed by Re/Max Premier Prop Arcadia | $1,098,000 | |
| Listed by Re/Max Premier Prop Arcadia | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017