$262,000
●
House -
Off Market
1022 N Garfield Avenue
Pasadena, CA 91104
2 Beds
1 Bath
615 Ft²
$482,152
RealtyHop Estimate
93.64%
Since Mar 1, 2014
CA-Los Angeles
Primary Model
About This Property
Cute 1907 update Cottage tucked away in the historically
significant Garfield Heights Landmark District. A great Condo
alternative with a cozy feel and an off-street quietness, this is
better than a condo because there are no association fees! The
living and dining areas are open, bright and warm and directly
adjacent to the updated kitchen which accesses the back area of the
home. There is a large unfinished basement area for storage
directly accessible from the back area. The bedrooms are well
lighted and provide ample closet space. The dining area and kitchen
have nice tile floors, while the living and bedrooms are carpeted.
The front covered patio provides a nice spot for dining or sitting
with a view to the San Gabriel Mountains. This is a standard sale,
and all within 5 to 7 minutes (less than 2 miles) from Old Town
Pasadena and easy 210 freeway access within 1 mile. Come home to
Garfield Heights!!
Unit Size
615 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$405
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1907
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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 #P0-214000670)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 10, 2021 | No longer available | - | |
| No longer available | |||
| Oct 20, 2021 | In contract | - | |
| In contract | |||
| Sep 8, 2021 | Price Decreased |
$549,000
↓ $39K
(6.6%) | |
| Price Decreased | |||
| Sep 8, 2021 | Relisted | $588,000 | |
| Relisted | |||
| Sep 7, 2021 | No longer available | - | |
| No longer available | |||
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Property Highlights
Parking Available
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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Closing Price
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HOA + Taxes
About Northwest Pasadena
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Listed by: E. Lee Bothast, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# P0-214000670
Last Updated: 2 years ago
Data Source: CRMLS, MLS# P0-214000670
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