725 E Bixby Road
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 |
|---|---|---|---|
| Sep 16, 2024 | Sold | ||
| Sold | |||
| Aug 25, 2024 | In contract | - | |
| In contract | |||
| Jul 22, 2024 | Listed by California Real Estate Company | $999,000 | |
| Listed by California Real Estate Company | |||
| | |||
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Welcome to 725 E Bixby Road. This stunning residence, exuding charm and curb appeal, nestled in the highly coveted Bixby Knolls neighborhood. Featuring two spacious bedrooms and two newly remodeled bathrooms, this home combines modern updates with timeless charm. The oversized living room is the heart of the home and is highlighted by a classic brick fireplace and hardwood floors that flow seamlessly throughout the main living areas. Enjoy meals in the central dining room or cozy breakfast nook both adjacent to the well-appointed kitchen, which is both functional and inviting. The sunroom, accessible from both the dining room and living room, provides a versatile space perfect for relaxation or entertaining, bathed in natural light from large windows overlooking the backyard. This home sits on a generously sized lot, offering a backyard ideal for outdoor activities, gardening, or simply enjoying the California sunshine or finding shade under the mature Pepper Tree. The two-car garage provides ample storage space, and the attached bonus room with a half bath offers a private retreat, perfect for a home office, gym, or guest suite. Built-in features throughout the home add to its charm and functionality, making it a stunning property ready for you to move in and start making memories. Don't miss this rare opportunity to own a piece of Bixby Knolls history.
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| Sep 5, 2019 | Sold | ||
| Sold | |||
| Jun 21, 2019 | Listed by RE/MAX College Park Realty | $725,000 | |
| Listed by RE/MAX College Park Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017