$1,320,000
●
House -
Off Market
537 Delaware Road
Burbank, CA 91504
3 Beds
1 Bath,
1
Half Bath
2,814 Ft²
$2,040,255
RealtyHop Estimate
57.06%
Since Oct 1, 2017
CA-Los Angeles
Primary Model
About This Property
Nestled in Burbank, this 2 story Cape Cod home is the epitome of
luxury living. Encompassing 3 Bed & 3 Bath, this home is ideal for
your most exclusive buyer. Step inside through the mahogany door
you'll be met by the grand entryway & sprawling staircase. Enjoy
the generously sized living room complete w/ hardwood floors, brick
fireplace & abundance of natural light. The updated kitchen
designed for a Chef features LED lights, pantry w/ full length
maple roll out shelves, granite countertops, & custom sandstone
backsplash. This exquisite kitchen is complete w/ a Berrtazoni 42"
5 burner stainless steel chefs range. The elegant formal dining
room perfect for intimate dinner parties complete w/ hardwood
floors, stained-glass light fixture & art-glass bay window. Retreat
to the expansive master suite w/ desirable walk in closet w/ built
in shelves and drawers. Enjoy morning coffee on the private
deck off the master suite. Updated master bath complete w/ all new
tile floors, heated towel rack, dual his & hers basin sinks &
hickory cabinets. Enjoy custom tiled shower w/ a rain head & body
jets. Family room features wood-beamed ceilings & custom built
panoramic door to the breathtaking backyard. Also included:
commercial grade tankless water heater, web-enabled programmable
thermostat & large RV parking area. Spacious covered patio, perfect
setting for relaxing on warm Summer day. Updated salt water pool &
spa w/ LED multi-color lighting & waterfall. An opportunity you
cant miss!
Unit Size
2,814 Ft²
Days on Market
29 days
Land Size
0.24 acres
Price per sqft
$462
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1941
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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: 4 months ago (CRMLS #BB17182526)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 6, 2017 | Sold | ||
| Sold | |||
| Sep 2, 2017 | Listed | $1,299,000 | |
| Listed | |||
| | |||
|
Nestled in Burbank, this 2 story Cape Cod home is the epitome of luxury living. Encompassing 3 Bed & 3 Bath, this home is ideal for your most exclusive buyer. Step inside through the mahogany door you’ll be met by the grand entryway & sprawling staircase. Enjoy the generously sized living room complete w/ hardwood floors, brick fireplace & abundance of natural light. The updated kitchen designed for a Chef features LED lights, pantry w/ full length maple roll out shelves, granite countertops, & custom sandstone backsplash. This exquisite kitchen is complete w/ a Berrtazoni 42” 5 burner stainless steel chefs range. The elegant formal dining room perfect for intimate dinner parties complete w/ hardwood floors, stained-glass light fixture & art-glass bay window. Retreat to the expansive master suite w/ desirable walk in closet w/ built in shelves and drawers. Enjoy morning coffee on the private deck off the master suite. Updated master bath complete w/ all new tile floors, heated towel rack, dual his & hers basin sinks & hickory cabinets. Enjoy custom tiled shower w/ a rain head & body jets. Family room features wood-beamed ceilings & custom built panoramic door to the breathtaking backyard. Also included: commercial grade tankless water heater, web-enabled programmable thermostat & large RV parking area. Spacious covered patio, perfect setting for relaxing on warm Summer day. Updated salt water pool & spa w/ LED multi-color lighting & waterfall. An opportunity you cant miss! The manager has listed the unit size as 2814 square feet.
| |||
| Aug 8, 2017 | Listed by Media West Realty,Inc. | $1,299,000 | |
| Listed by Media West Realty,Inc. | |||
Property Highlights
Air Conditioning
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 Burbank
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Listed by: Craig Hunter, Media West Realty,Inc.
Last Updated: 4 months ago
Data Source: CRMLS, MLS# BB17182526
Last Updated: 4 months ago
Data Source: CRMLS, MLS# BB17182526
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