$670,000
●
House -
Off Market
535 Ranchito Road
Monrovia, CA 91016
2 Beds
1 Bath
1,025 Ft²
$952,656
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model
About This Property
This upscale single story home is situated at the end of the
cul-de-sac and welcomes a new family. With a lush green yard, the
front door opens up into a spacious living room with sleek white
walls, wood beam ceilings, new laminate flooring, and a brick
fireplace. The space is open for an easy to maneuver living room to
dining room flow with plenty of sunlight streaming in from the
surrounding windows. The chic kitchen has been remodeled with white
cabinets, quartz counters, designer tiled floor and stainless steel
appliances. There are 2 bedrooms that have new laminate floors and
there is a full sized remodeled bathroom with white quartz
countertop, designer tiled floor, complete with glass walled
overhead showering. Outside onto the back patio is space for an
outdoor living environment. There is a new central heating
and air conditioning system, new windows throughout, new interior
and exterior paint and indoor laundry area.The backyard is open and
spacious, as to allow for a versatile outdoor fun. Located
near many shops and restaurants, close to old town Monrovia, Metro
Gold Line and easy access to the 210/605 freeways.
Unit Size
1,025 Ft²
Days on Market
42 days
Land Size
0.14 acres
Price per sqft
$654
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1950
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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: 5 months ago (CRMLS #IG20060196)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 30, 2020 | Sold | ||
| Sold | |||
| Mar 19, 2020 | Listed by Griffin Real Estate, Inc. | $669,990 | |
| Listed by Griffin Real Estate, Inc. | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
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Type
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Baths
ft²
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Asking Price
Listed On
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Sold On
Sold On
HOA + Taxes
About Monrovia
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Listed by: Alaura Clennon, Griffin Real Estate, Inc.
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IG20060196
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IG20060196
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