$665,000
●
House -
Off Market
509 Hacienda Drive
Monrovia, CA 91016
3 Beds
1 Bath
1,032 Ft²
$995,784
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model
About This Property
This cute 40s home is situated in a sought-after Monrovia
neighborhood just adjacent to Bradbury. Up the brick front porch,
you enter into a small foyer with parquet flooring and a half wall
that opens to the large living room with book shelves, wood floors,
brick fireplace and hearth with side sconces, and a sliding door to
the rear yard. The kitchen features a vintage stove, double sink,
ample cabinetry, eating area, and plumbing for a washer. Down the
center hall are three good-sized bedrooms and an upgraded bathroom
with a large shower and a vanity with granite countertops. Out back
is a small patio area, and beyond the gate is an XL pool with
diving board. Other amenities include wall air conditioners,
ceiling fans, a two-car detached garage, and gorgeous mountain
views. This is a trust sale. Property is being sold as is with no
repairs or credits.
Unit Size
1,032 Ft²
Days on Market
153 days
Land Size
0.17 acres
Price per sqft
$654
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1948
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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: 4 months ago (CRMLS #AR19058744)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 9, 2019 | Sold | ||
| Sold | |||
| Dec 7, 2018 | Listed by Douglas Elliman of California Inc | $675,000 | |
| Listed by Douglas Elliman of California Inc | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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ft²
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Sold On
Sold On
HOA + Taxes
About Monrovia
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Listed by: Donna Baker, Douglas Elliman of California Inc
Last Updated: 4 months ago
Data Source: CRMLS, MLS# AR19058744
Last Updated: 4 months ago
Data Source: CRMLS, MLS# AR19058744
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