Listed by: Mark MacFarlane, Vimvi California
$450,000
●
House -
Off Market
525 Brookside Lane
Sierra Madre, CA 91024
3 Beds
2 Baths
1,272 Ft²
$1,955
Est. Monthly
About This Property
Nestled in the picturesque Sierra Madre Canyon, this once-charming
home offers a unique opportunity for the visionary buyer. Though
currently in a state of disrepair, this property boasts two parcels
and an idyllic location with likely view if the trees were
trimmed. The home itself will require extensive work from a
skilled contractor to restore it to its former glory. The
mature trees and natural landscape provide a serene backdrop,
perfect for those looking to escape the hustle and bustle of city
life. Sierra Madre Canyon is a hidden gem in the San Gabriel
Mountains, offering a rustic, small-town charm. Known for its
winding roads, quaint homes, and lush greenery, it provides a
serene and picturesque environment. The tight-knit community and
tranquil atmosphere make it a sought-after destination for those
seeking peace and natural beauty.Mary's Market, located in the
heart of Sierra Madre Canyon, is a beloved local spot and these
parclesl are just steps away. If you're ready to roll up your
sleeves and invest in a piece of Sierra Madre history, this is the
project for you.
Unit Size
1,272 Ft²
Days on Market
75 days
Land Size
0.10 acres
Price per sqft
$313
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1924
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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: 3 years ago (CRMLS #P1-18805)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 22, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Aug 12, 2024 | In contract | - | |
| In contract | |||
| Aug 7, 2024 | Listed by Vimvi California | $398,000 | |
| Listed by Vimvi California | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Sierra Madre
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Listed by: Mark MacFarlane, Vimvi California
Last Updated: 3 years ago
Data Source: CRMLS, MLS# P1-18805
Last Updated: 3 years ago
Data Source: CRMLS, MLS# P1-18805
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