$970,000
●
House -
Off Market
501 Meadows Drive
Glendale, CA 91202
3 Beds
1 Bath
1,948 Ft²
$1,486,435
RealtyHop Estimate
60.00%
Since Jun 1, 2017
CA-Los Angeles
Primary Model
About This Property
First time on the market for this special Mid Century time capsule
located in one of the best areas of Glendale. Homes like this come
on the market so rarely as evident by the current owners purchased
this property in 1956 and never moved. While the home is in
basically original condition it is easy to see the love and
maintenance this home has received over the years. The property
sits on a peaceful lot with views to Downtown Los Angeles from the
front. The property features three (3) bedrooms, one and three
quarter (1.75) baths, family room with fireplace, eat-in kitchen
and much more! Property square footage and lot size quoted are from
the tax assessor and have not been verified by the Seller or
Listing Agent.
Unit Size
1,948 Ft²
Days on Market
38 days
Land Size
0.20 acres
Price per sqft
$477
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 #317002664)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 5, 2017 | Sold | ||
| Sold | |||
| Mar 28, 2017 | Listed by Keller Williams R. E. Services | $929,000 | |
| Listed by Keller Williams R. E. Services | |||
Property Highlights
Fireplace
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
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Asking Price
Listed On
Listed On
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# 317002664
Last Updated: 13 months ago
Data Source: CRMLS, MLS# 317002664
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