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5220 Palm 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 |
|---|---|---|---|
| Oct 6, 2026 | Price Decreased |
$1,799,000
↓ $51K
(2.8%) | |
| Price Decreased | |||
| Aug 12, 2026 | Listed by COMPASS | $1,850,000 | |
| Listed by COMPASS | |||
| Oct 24, 2025 | Sold | ||
| Sold | |||
| Oct 3, 2025 | In contract | - | |
| In contract | |||
| Sep 1, 2025 | Listed by Berkshire Hathaway Home Services Golden Properties | $1,798,000 | |
| Listed by Berkshire Hathaway Home Services Golden Properties | |||
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Welcome to 5220 Palm Drive, a beautiful Ranch-style home with Mid-Century influences, nestled in the serene hills above La Cañada Flintridge. Built in 1955, this thoughtfully designed residence offers 3 bedrooms, 2 bathrooms, and 1,656 square feet of light-filled living space on a private 8,361 square foot lot. A winding pathway leads to a spacious flagstone patio, ideal for alfresco dining and entertaining. Inside, the fabulous floor plan features vaulted ceilings, skylights, hardwood floors, and abundant storage throughout. The living room and primary suite both open through French doors to a tranquil rear patio with a built-in hot tub, creating a seamless indoor-outdoor flow. The primary suite is a true retreat, complete with a large walk-in closet, claw foot soaking tub, and oversized shower. The chef’s kitchen is equipped with custom Alder cabinets, stainless steel appliances, a double oven, double dishwasher, farm sink, and a large island with prep sink—perfect for everyday living and entertaining. Outdoors, the beautifully landscaped grounds showcase mature trees and vibrant plantings, including two lemon trees, a Fuji apple tree, a Key lime tree, and a pomegranate tree. This lush setting provides an inviting backdrop for gatherings or peaceful relaxation. Additional highlights include a detached garage, expansive patios, and a setting that offers both privacy and serenity—an ideal retreat in one of La Cañada’s most desirable neighborhoods.
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About La Canada Flintridge
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017