5215 Palm Drive
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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%.
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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.
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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 |
|---|---|---|---|
| Aug 21, 2018 | Sold | ||
| Sold | |||
| Aug 10, 2018 | No longer available | - | |
| No longer available | |||
| May 15, 2018 | Listed | $2,399,000 | |
| Listed | |||
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Nestled on a hill overlooking the scenic Angeles National Forest, this magnificent estate offers a treetop resort living experience like no other. The property combines privacy, space and natural surroundings with the convenience of living just 20 minutes from downtown Los Angeles. An award-winning school district and top-rated neighborhood are just icing on the cake of this majestic oasis. At more than 4,200 square feet, the spacious, tiered estate is your retreat from the hustle and bustle of city life.PROPERTY FEATURES: 4,203 Sqft19,709 sqft lot size6 bedroom, 4 bathBonus roomLarge attached garage with workshop and storageThe main floor great room is the heart of the home with dramatic vaulted ceilings, an oversized river rock fireplace and a gourmet kitchen complete with with built-in appliances. Cedar trees and sunshine peek through the skylights, drenching the generous open-plan space with bright natural light. Flowing seamlessly from living room to dining room to kitchen, the effortless floor plan highlights the entertaining potential of this tranquil tree home. Five of the six bedrooms are dotted along the perimeter of the great room expanding the spirit of gathering that permeates the main floor.Situated on the top level is the breathtaking master retreat featuring vaulted, wood beamed ceilings, rustic dormer windows and an adjacent, versatile bonus room with walk-in closet, balcony and fireplace.Five cozy fireplaces, four serene outdoor spaces and an enchanting wooden bridge add to the relaxed charm of this SoCal dream home. Built around the trees at the head of a well-loved Webber Canyon hiking trail and with proximity to Pasadena and Los Angeles, the one-of- kind home offers the best of both worlds. The manager has listed the unit size as 4203 square feet.
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| Apr 24, 2018 | Listed by Keller Williams R. E. Services | $1,999,000 | |
| Listed by Keller Williams R. E. Services | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017