1
Map
$737,000
●
House -
Off Market
1191 N Summit Avenue
Pasadena, CA 91103
5 Beds
2 Baths
1,796 Ft²
$933,943
RealtyHop Estimate
33.61%
Since Nov 1, 2020
CA-Los Angeles
Primary Model
About This Property
Situated in North Central Pasadena, this updated Craftsman with a
gated front yard and front porch offers 5 bedrooms and 2 baths in
1,796 sqft (approx) on a flat lot. This detached home is on a condo
map with a common area driveway, no HOA and no management company
involved. The interior offers a spacious living room, family room,
and dining room with built-in cabinets and lots of windows bringing
in natural light. Cook in the brand new kitchen with White shaker
cabinets, quartz countertops, sink and garbage disposal, and new
stove with hood. Other enhancements include new exterior and
interior paint throughout, refreshed bathrooms, new carpet
throughout, and refinished hardwood floors. Convenient indoor
laundry area with hookups for full size washer and dryer and space
for extra storage. Park in the detached 2-car garage behind
the house. Easy access to the 210 and 134 freeways, and minutes
away from employment, dining, shopping, and recreation
destinations.
Unit Size
1,796 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$389
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1912
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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: 11 days ago (CRMLS #P1-1085)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 14, 2020 | Sold | ||
| Sold | |||
| Sep 3, 2020 | Listed by Sotheby's International Realty, Inc. | $699,000 | |
| Listed by Sotheby's International Realty, Inc. | |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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HOA + Taxes
About Northwest Pasadena
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Listed by: Michael Bell, Sotheby's International Realty, Inc.
Last Updated: 11 days ago
Data Source: CRMLS, MLS# P1-1085
Last Updated: 11 days ago
Data Source: CRMLS, MLS# P1-1085
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