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8814 Longden
About This Property
An open layout connects the living, dining, and family areas for comfortable everyday living and entertaining. The kitchen features elegant cabinetry and countertops, new appliances, and a 36-inch range beneath a striking statement hood. Upstairs, the primary suite opens to a private balcony overlooking the spacious backyard.
Renovated from the framing outward, the home features new drywall, new plumbing, complete new electrical, a 200-amp panel, and new mechanical and HVAC systems. Double-pane windows, solid-core doors, 14mm waterproof LSPC flooring, and high-grade fixtures complement the fresh interior and exterior paint. The garage is prepared for EV charging, while the new driveway provides generous parking. Front and rear landscaping have all new irrigation and drip lines installed to ensure luscious year-around greenery.
Potential for two ADUs adds another dimension to the property. Approximately 3,000 square feet of rear lawn offers space to explore a detached ADU of up to 1,000 square feet, potentially accommodating three bedrooms and two bathrooms. The garage and laundry room provide 488 square feet of existing building area for a possible one-bedroom, one-bath conversion. Subject to city approval, these concepts could create two additional residences totaling up to 1,488 square feet of added living space.
Convenient to dining, shopping, and entertainment in Temple City, Arcadia, San Gabriel, and nearby Pasadena, this thoughtfully renewed property combines contemporary comfort, versatile space, and future possibilities. Buyer and buyer's agent are advised to independently verify all property information and conduct their own due diligence. Information is deemed reliable but not guaranteed.
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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%.
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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.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017