477 QUAIL Drive
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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 |
|---|---|---|---|
| Jul 12, 2021 | No longer available | - | |
| No longer available | |||
| Jun 21, 2021 | Listed by JohnHart Real Estate | $699,000 | |
| Listed by JohnHart Real Estate | |||
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A beautifully unique opportunity knocking in the hillside of Mount Washington! Nestled into the scenic hillside, lovely foliage and trees line the simple step pathway leading up to a spectacular front deck of this distinctive home. Inside this 1-bedroom, 1-bathroom home with a loft space features an airy setting submerged in pure SoCal sunshine from the numerous windows and highlights the natural tone of the laminate flooring. The quaint floorplan includes high ceilings in the relaxed living space with a breakfast bar dining area, a stylish kitchen equipped with butcher block countertops, all stainless-steel appliances, plus modern cabinetry, and an adjacent laundry area with space for storage and backyard access. Down the main hallway is the lovely bedroom with an attached bathroom with a royal blue tile wainscoting and walk-in shower. Accessible by an industrial pipe style ladder is the overhead loft space featuring a private balcony outside and overlooks the living room below. The front deck outside adds additional entertaining space and enjoys perfectly unobstructed views of the surrounding hills. A great advantage of this property is its potential use for future development and with current plans and permits to transform this modest structure into a 3-bedroom, 2-bathroom home, this asset a developers dream and perfect for anyone seeking a great build prospect to add to their portfolio A great developer’s special! Located on a 3,885-sqft lot, this property relishes ample privacy but is still close enough to reach the hustle and bustled provided in both Glendale and Downtown Los Angeles, convenient access to the 110 Freeway, Figueroa Street, and so much more! A fantastic prospect to completely personalize! The manager has listed the unit size as 483 square feet.
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| Nov 25, 2020 | No longer available | - | |
| No longer available | |||
| Nov 1, 2020 | Listed | $650,000 | |
| Listed | |||
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Nestled into the hillside in the city of Mount Washington, a unique opportunity is knocking! This 1-bedroom, 1-bathroom home rests on a 3,885-sqft lot and has the potential to be used for developmental purposes with blueprints and permits for anyone seeking a great build prospect. This property is located between both Glendale and Downtown Los Angeles, giving you ample privacy but still close enough to the hustle and bustle of city life. Easy access to the 110 Freeway and Figueroa St! Developer special! Seller has plans to make into 3 bedroom and 2 bathrooms. Plans can be submitted and approved by city at close of escrow. The manager has listed the unit size as 483 square feet.
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| Feb 23, 2018 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017