512 Columbia Road
About This Property
This dream turnkey home was custom designed and remodeled for the owner 2 years ago, and no expenses were spared. As soon as you step inside, you'll notice the open floor plan along with high-end lighting fixtures that create a warm, inviting atmosphere with a cozy fireplace. You're greeted by the living area and great room with an open concept kitchen. The gourmet kitchen includes newer cabinets, appliances, countertops, and plenty of natural lighting throughout. The family room offers direct views and sliding door into the beautiful back yard, complete with a patio, pool, and detached garage. The master suite is a generous size, and features a walk-in closet, dual bathroom sinks, separate tub and shower, and top-of-the-line fixtures. The secondary bedrooms and bathroom are well appointed and designed with practicality in mind.
Additional property amenities include a laundry room, central air conditioning, and tankless water heater. The home has been completely upgraded inside and out, including the tile roof, dual-pane windows, doors, electrical wiring, and plumbing. Other upgrades include newer sprinkler system, concrete, interior & exterior paint, automatic gate, garage, and much more.
Conveniently located near the Arboretum, the Shops at Santa Anita, park, golf course, racetrack, supermarket, hospital, fine dining and entertainment. Easy access to 210 freeway. Award-winning Arcadia Schools! This villa, with its prime location and stunning living surroundings, represents an exceptional choice for your dream home.
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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 |
|---|---|---|---|
| Dec 30, 2024 | Sold | ||
| Sold | |||
| Nov 22, 2024 | In contract | - | |
| In contract | |||
| Sep 30, 2024 | Listed by Pinnacle Real Estate Group | $1,790,000 | |
| Listed by Pinnacle Real Estate Group | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jun 8, 2021 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017