716 Ramona Road
About This Property
This newly remodeled home offers dual pane windows, recessing lightnings and hardwood floor. An open concept kitchen looking into the living room offers brand new stainless steel appliances, new wooden cabinets and quartz countertop. In addition to the 3 bedrooms and 2 bathrooms, a spacious family room has been converted into a master bedroom to make a total of 4 bedrooms.
This immaculately maintained home also offers a resort-like backyard whith a patio equipped with recessing lights, built-in BBQ, and gated sparkling pool.
Make this dream home yours for less than $700k is definately a great deal. Act quickly before it is gone.
Click link to watch the virtual tour of the property: https://vimeo.com/311387240
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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 |
|---|---|---|---|
| Apr 2, 2019 | Sold | ||
| Sold | |||
| Jan 14, 2019 | Listed by RE/MAX ELITE REALTY | $699,999 | |
| Listed by RE/MAX ELITE REALTY | |||
| Jul 9, 2017 | Listed | $699,000 | |
| Listed | |||
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Pride of Ownership! This beautiful Pool Home is 1612 sq.ft. with upgrades throughout. 4 bedrooms with a fireplace perfect for the winter months and 2 bathrooms featuring the main bathroom having a Jacuzzi tub. The cozy living room with hardwood flooring with a formal dining room area. Kitchen has tile flooring and granite counter-tops and oak cabinets. This has a laundry room leading to outside to the pool. The back yard has a covered patio for summer BBQ'S and entertaining. The pool is gated. The house was just freshly painted from the outside. The front yard is enclosed with beautiful landscaping. 2 car garage adds to this beautiful home in desirable area of Alhambra. close to everything, shopping centers,schools, park and freeways. The manager has listed the unit size as 1612 square feet.
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About Alhambra
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Last Updated: 5 months ago
Data Source: CRMLS, MLS# WS19010798
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017