524 Hacienda Drive
About This Property
A inviting front porch welcomes you.
As you enter, the living room features an expansive brick fireplace, peg and groove red oak flooring and a wood beamed ceiling.
The charming dining room has wood paneled detail and scalloped molding.
An upgraded kitchen boasts granite counters, stainless appliances and a center peninsula with additional storage.
In the hallway, two bedrooms with hard wood flooring share an upgraded full bath.
Separate spacious master bedroom with an upgraded travertine en suite 3/4 bath, Italian tile flooring, walk in closet and French doors that lead to the sparking pool and backyard.
Unwind outside on the Baja shelve or in the spa in the gorgeous salt water pool.
The private backyard oasis also has a shaded lounging area, perfect for taking in the mountain views and lush landscaping.
As a bonus, there is a studio next to the pool (not included in assessor 1717 sq ft), ideal for art, yoga, office or play.
Other amenities include, a new fence, a porte cochere and 2 car detached garage, separate laundry room, central AC, dual paned windows, LED pool lights.
Conveniently located near the Duarte Recreational Trail and downtown Monrovia.
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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 |
|---|---|---|---|
| Aug 23, 2019 | Sold | ||
| Sold | |||
| Jun 25, 2019 | Listed by Douglas Elliman of California Inc | $859,700 | |
| Listed by Douglas Elliman of California Inc | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017