5301 Palm Avenue
About This Property
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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 7, 2021 | No longer available | - | |
| No longer available | |||
| May 22, 2021 | In contract | - | |
| In contract | |||
| May 10, 2021 | Listed by Keller Williams Realty | $980,000 | |
| Listed by Keller Williams Realty | |||
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Located in a highly desirable area in Whittier, this spectacularly crafted contemporary home offers Catalina island and city views and exudes quality and resort style living. Be welcomed into this stunning home through the upgraded keyless entry door with an impressive open floor plan oozing natural light. The home boasts a bright white kitchen over looking Catalina with a dining room that is framed by the most exceptional vaulted and wood beamed ceilings. The main home offers 4 bedrooms and 2 bathrooms and has been highly upgraded. Outside has an expansive deck to relax and enjoy the views and 4th of July fireworks. The sparkling pool and massive backyard are an entertainer's paradise. What also makes this property unique is the separate guest home that is perfect for guests or to rent out for additional income. Crown molding, custom flooring and lighting, window wall, NEST thermostat, artificial turf, pebble tech pool are a few of many upgrades this home has to offer. Close to freeways and shopping, this unique opportunity is for the most discerning owner. Both and home and and income producing property. Schedule your showing today! The manager has listed the unit size as 2020 square feet.
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| Apr 12, 2019 | Sold | ||
| Sold | |||
| Oct 11, 2018 | Listed by IET Real Estate | $739,000 | |
| Listed by IET Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017