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1201 N Altadena Drive
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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 |
|---|---|---|---|
| Sep 24, 2026 | In contract | - | |
| In contract | |||
| Aug 21, 2026 | Listed by Meridian Capital Realty | $1,499,900 | |
| Listed by Meridian Capital Realty | |||
| Aug 28, 2025 | Listed | $1,650,000 | |
| Listed | |||
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A Beautifully Updated Home with Views, Space, and Style. This fully reimagined home in Northeast Pasadena has everything you’re looking for—modern upgrades, mountain views, and a large 11,000 sq foot flat lot with a custom outdoor entertaining oasis with tons of potential for additional expansion. Inside, you’ll find a bright open layout with great flow between the living room, dining area, and kitchen. The custom kitchen features quartz countertops, shaker cabinets, a black stainless steel range, and a spacious island—perfect for cooking and entertaining. There's also a walk-in pantry with floating shelves for extra storage. Every bedroom has built-in closets, and the primary suite includes a walk-in closet and a spa-like bathroom with dual shower heads and serene mountain views. Step outside and enjoy a newly built patio deck that leads to a custom outdoor kitchen under a beautiful pergola—great for relaxing or hosting friends. The entire yard is fully irrigated, fenced with redwood, and ready for anything you can dream up—there’s plenty of space for a pool or an ADU. Major upgrades include: New solar power system, Upgraded electrical panel and system, Double-pane, noise-cancelling black aluminum windows, Brand-new presidential roof, Tankless water heater, Two laundry areas inside for added flexibility, Exterior lighting throughout the property. The home is close to local parks, great schools and just minutes from Eaton Canyon hiking trails. Whether you're looking to move right in or expand with a pool or ADU, this home has the space, upgrades, and location to make it all possible.
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| Oct 19, 2022 | No longer available | - | |
| No longer available | |||
| Mar 23, 2022 | Listed by Raffaele Cursaro | $1,690,000 | |
| Listed by Raffaele Cursaro | |||
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Spectacular re-imagined custom home in the heart of Altadena. Inviting open concept floor plan with a large, flat and usable lot.Brand new presidential roof, dirt grading ready with endless possibilities for both front, back yards and space for ADU or a pool. Built in closets in all bedrooms, walk in built in master bedroom. Double shower head in master bathroom, walk-in pantry with floating shelves and custom cabinets. Custom island with black stainless steal range. Patio deck leading from living room sliding door. Exterior light out throughout exterior. New black aluminon frame with double pane, noise cancellation windows. Redwood backyard fencing, upgraded tankless water heater, custom quartz in kitchen and in bathrooms as well as custom shaker cabinets. Laundry space inside the house. Near parks and good private schools and also close to Eaton Canyon trails and nice mountain view from master bedroom. The manager has listed the unit size as 2082 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017