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5338 Myrtus 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 |
|---|---|---|---|
| May 1, 2024 | No longer available | - | |
| No longer available | |||
| Apr 25, 2024 | In contract | - | |
| In contract | |||
| Mar 22, 2024 | Listed by First Team Real Estate | $900,000 | |
| Listed by First Team Real Estate | |||
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Welcome to one of Temple City's finest homes! Located in a beautiful, serene cul-de-sac, the charm and allure of 5338 Myrtus awaits. This single level home is fully wrapped in high quality laminate wood flooring, recessed lighting and premium ceramic tile. Along with the aforementioned recent upgrades, you will find a gorgeous bright kitchen that features white shaker cabinets, sleek quartz countertops and high quality stainless steel appliances. Spacious bedrooms and living spaces make this home perfect for everyday living and for entertaining guests as well. With the modern upgrades, you will find that the bathrooms are dressed to impress. In addition, the spacious, fully enclosed patio is great for entertaining guests and parties. Step into the backyard and you will notice that the functional backyard space will please children and adults of all ages. The swimming pool is placed perfectly where you can enjoy a large pool and still have plenty of space to BBQ and run around at the same time. The attached 2-car garage has been masterfully converted to a 4th bedroom and can serve perfectly as a in law suite. This home definitely checks all the boxes. With the great school district, close proximity to restaurants and markets, 5338 Myrtus has all the makings of a charming forever home or a strong asset in your investment portfolio. Words cannot express the beauty and magnificence of this home, this is a must see! The manager has listed the unit size as 1447 square feet.
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| Sep 13, 2019 | Sold | ||
| Sold | |||
| Jul 7, 2019 | Listed by Re/Max Premier Prop Arcadia | $648,000 | |
| Listed by Re/Max Premier Prop Arcadia | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017