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706 E Bixby Road
About This Property
Traditional charm combined with updated air conditioning and heat - and over $75,000 of work done since 2014 including new furnace, roof, water heater and replacement of knob and tube wiring. Well-maintained landscaped front yard and private back courtyard. Amazing home located a block from Blue-Ribbon schools and walking distance to Bixby Knolls shopping and restaurants. Priced to sell and won't last!
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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 |
|---|---|---|---|
| Nov 20, 2024 | Sold | ||
| Sold | |||
| Nov 1, 2024 | In contract | - | |
| In contract | |||
| Oct 9, 2024 | Listed by Keller Williams Coastal Prop. | $1,075,000 | |
| Listed by Keller Williams Coastal Prop. | |||
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Welcome to this beautiful California Heights home, featuring over $250,000 in recent updates that blend modern luxury with timeless charm. The spacious living room invites you in with an abundance of natural light, gleaming oak wood floors, a cozy fireplace, and elegant recessed lighting. The newly updated custom kitchen is a chef’s dream, boasting top-of-the-line Café appliances, including a refrigerator, stove, and microwave drawer, plus a wine fridge and Miele dishwasher. With custom white oak cabinetry, stunning quartz countertops, a Brizo SmartTouch faucet, an anthracite kitchen sink, terrazzo cement tile floors, and a custom dining banquette, this kitchen is perfect for cooking and entertaining. Great open floor plan with formal dining room that opens to the living room and kitchen. Both bathrooms have been beautifully remodeled with quartz countertops, custom white oak vanities, stylish tile work, modern lighting, and the primary bath features a luxurious soaking tub for ultimate relaxation. The 2-car garage includes inside laundry for convenience, and the home is equipped with central heat and AC to keep you comfortable year-round. For added convenience, there’s attic access in the hallway for extra storage. Located just 1-2 blocks from award-winning Blue-Ribbon schools (Longfellow Elementary & Hughes Middle School), and within walking distance to the vibrant shopping, restaurants, and cafes in Bixby Knolls, this home offers the perfect blend of location, style, and convenience. Don’t miss this move-in-ready gem!
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| Oct 26, 2018 | Sold | ||
| Sold | |||
| Sep 17, 2018 | Listed by RE/MAX College Park Realty | $639,000 | |
| Listed by RE/MAX College Park Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017