758 N Ellen Drive
About This Property
Additionally, the property includes a brand-new detached 3-bedroom, 2-bathroom home built in 2023, perfect for multi-generational living. Inside, you'll find a spacious kitchen that opens to the living and dining areas, a long hallway leading to three roomy bedrooms, and an oversized laundry room. This is true multigenerational living at its finest!
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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 8, 2025 | Sold | ||
| Sold | |||
| Jan 6, 2025 | Listed by eXp Realty of Greater Los Angeles | $1,299,889 | |
| Listed by eXp Realty of Greater Los Angeles | |||
| Oct 14, 2021 | No longer available | - | |
| No longer available | |||
| Sep 29, 2021 | In contract | - | |
| In contract | |||
| Sep 7, 2021 | Listed by First Team Real Estate | $659,000 | |
| Listed by First Team Real Estate | |||
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This is a great house with a huge lot on a quiet tree-lined cul de sac. This is an ideal opportunity for an investor or a young family looking for a little more space. 4 bd, 2 ba, home located in the heart of West Covina with an updated kitchen and an open floor plan. The roof is newer and in great condition with many years of use left. West Covina offers many amenities as well as great schools. The back yard is huge with many potential uses including immediately adding a second dwelling unit (since Senate Bill (SB) 9 was recently passed and made law)! Location is very central and close to several major freeways. The manager has listed the unit size as 1254 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017