$2,150,000
●
House -
Off Market
911 Encanto Drive
Arcadia, CA 91007
3 Beds
2 Baths
2,340 Ft²
$9,698
Est. Monthly
About This Property
Nestled among mature cedar, jacaranda and ash, and sited on a
gently curving drive in Arcadia's ever sough-after Rancho Santa
Anita neighborhood, this inviting 1950's residence offers the
perfect blend of quality, character and comfort. An easy flowing
floor plan includes a formal entry, formal living and dining rooms,
three well-proportioned bedrooms, two bathrooms and a cozy den
complete with a fireplace for those relaxing evenings. The vintage
kitchen, brimming with character, opens to a bright and roomy
breakfast area, perfect for casual dining. Additional
highlights include central air conditioning, covered skylit patio,
beautifully maintained grounds, and expansive outdoor spaces
featuring a sparking pool and a private cabana to the rear of the
double garage. With generous storage and an abundance of original
details, this home has been under loving single ownership for 60
years, making it an exceptional find. Ideal for those who value
both charm and livability, this residence offers a rare opportunity
to own a piece of Arcadia's storied Rancho Santa Anita community.
Unit Size
2,340 Ft²
Days on Market
39 days
Land Size
0.36 acres
Price per sqft
$844
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1950
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (CRMLS #AR24212388)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 21, 2024 | Sold | ||
| Sold | |||
| Oct 27, 2024 | In contract | - | |
| In contract | |||
| Oct 12, 2024 | Listed by Compass | $1,975,000 | |
| Listed by Compass | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Arcadia
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Listed by: Ernie Boehr, Compass
Last Updated: 2 years ago
Data Source: CRMLS, MLS# AR24212388
Last Updated: 2 years ago
Data Source: CRMLS, MLS# AR24212388
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