1046 MORADA Place
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 11, 2025 | Sold | ||
| Sold | |||
| Mar 21, 2025 | Listed by Re/Max Premier Prop Arcadia | $615,000 | |
| Listed by Re/Max Premier Prop Arcadia | |||
| | |||
|
Welcome to 1046 Morada Pl – a unique opportunity in Altadena. This expansive 7,465 sqft lot is perfect for building a custom single-family home in a quiet street just above New York Dr. Located at the edge of the wildfire impacted area near Pasadena, the property benefits from preserved street trees and a neighborhood where half of the houses on the street were not damaged by the fire. Conveniently, the lot is just 2 minutes away from grocery stores, 5 minutes from hiking trails, and 10 minutes from downtown Pasadena. This distinctive situation positions the area to be among the first batches of homes to recover, offering a promising investment in a resilient community.
Debris removal has been accepted by the US Army Corps of Engineers and submitted to contractors.
| |||
| Apr 2, 2019 | Sold | ||
| Sold | |||
| Jan 8, 2019 | Listed by Propertycloud | $899,000 | |
| Listed by Propertycloud | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Altadena
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,704 /mo
- 1 Bed
- 1 Bath
- 580 ft²
$7,000 /mo
- 4 Beds
- 4 Baths
- 2,441 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017