7309 Ruffner Avenue
About This Property
You'll love the airy open feel floor plan boasting a spacious living room with its inviting fireplace and contemporary LVP flooring. The "Chef's" kitchen features sleek granite countertops, modern appliances and white shaker cabinets, ideal for cooking and entertaining.
Additional features include gorgeous remodeled bathrooms, an interior laundry room, tankless water heater, newer central AC and heat, and a tranquil private grassy backyard. You'll enjoy the advantage of an attached 2-car garage.
Conveniently located close to Balboa Lake/Anthony C. Beilenson Park offering kayaking, fishing, Bike Paths, BBQ pits, children's play areas and more, Woodley Lakes Golf Course, Balboa and Encino Golf Courses, and Balboa Park-home to tennis courts, softball fields, and expansive grassy areas-this home is also situated close to great shopping, top-notch restaurants, good schools such as Birmingham Charter High High School, and places of worship. Easy access to the 405 and 101 freeways and minutes to Ventura Blvd. Don't miss out on this fantastic opportunity!
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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 11, 2024 | Sold | ||
| Sold | |||
| Aug 16, 2024 | In contract | - | |
| In contract | |||
| Aug 1, 2024 | Listed by Rodeo Realty | $849,950 | |
| Listed by Rodeo Realty | |||
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About South Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017