7106 Andasol Avenue
About This Property
All the bedrooms are spacious, and the very large master suite opens to a serene view of a wood patio deck for a nice morning coffee or tea. The garage has been tastefully converted into a modern home office, playroom, workout space, or entertainment area. Recent improvements and upgrades to the home include a new HVAC system controlled by NEST energy efficient digital thermostat and water heater, updated kitchen with granite countertop, stainless steel appliances and recessed lightings, updated dual sink master bathroom with modern sliding barn-style door, Tesla charger, updated electrical, new interior paint, irrigation system in the garden area. Remote controlled ceiling fans are installed in the living room and each of the bedrooms, along with an energy saving whole house fan installed and ductless mini split AC in the office to keep cool. The long driveway is large enough to park multiple vehicles as well as an RV or boat.
This won't last long, so come see this amazing property for yourself. It's ready for you to call "home" and centrally located, allowing for convenient access to nearby Lake Balboa Park, schools, medical centers, CSUN, Pierce College & the Metro station.
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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 4, 2024 | Sold | ||
| Sold | |||
| Oct 4, 2024 | In contract | - | |
| In contract | |||
| Sep 16, 2024 | Listed by First Realty Tree | $949,000 | |
| Listed by First Realty Tree | |||
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About South Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017