6501 Matilija 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 21, 2024 | No longer available | - | |
| No longer available | |||
| May 17, 2024 | Sold | ||
| Sold | |||
| May 10, 2024 | In contract | - | |
| In contract | |||
| Apr 24, 2024 | Listed by Keller Williams Real Estate Services | $999,000 | |
| Listed by Keller Williams Real Estate Services | |||
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Here's an opportunity that doesn't come around too often! We are proud to present one of William Mellenthin's famous 'Bird House Homes' - the nickname being earned by the trademark birdhouse that sits above the garage. This property features everything you want and more! The home measures +/-1,670 sq ft and sits on a MASSIVE 9,000 sq ft lot with a pool. There are 3 bedrooms, 2 bathrooms & a charming den that could easily double as a home office or 4th bedroom. NEW ROOF, NEW KITCHEN, NEWER HVAC! This home is turn key - all you need to do is call the movers. In addition to all of the recent upgrades, the property maintains charming character including dual fireplaces, diamond pane windows, bottle glass windows, and tall post and beam ceilings. There are plenty of windows, flooding the home with natural light. Step into the backyard and you've reached a majestic private oasis! The grass area adjacent to the pool is surrounded by mature trees providing a private and cool place to lounge on hot summer days. Towards the back of the property you'll find a fire pit area, perfect to gather around with your closest friends and a warm cup of coffee on chilly evenings. The covered patio offers generous space to enjoy el fresco dining on the regular. This is where all of the parties are going to be!! If you think this all sounds good, just wait until you see it in person. This home has been lovingly cared for and maintained for 17 years & this family is now ready to pass on the legacy to The manager has listed the unit size as 1670 square feet.
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| Sep 25, 2023 | Listed by Keller Williams Real Estate Services | $999,000 | |
| Listed by Keller Williams Real Estate Services | |||
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About South Valley
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$2,900 /mo
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$8,900 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017