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1204 Natchez Avenue
About This Property
Bring your vision and unlock the potential of this three-bedroom, one-bath home in Pasadena's established Sunset Terrace community. Offering approximately 1,000 square feet of living space on a generous 7,187-square-foot lot, this property is ready for renovation and personal touches. The functional single-story floor plan, spacious yard, and attached garage provide an excellent foundation for a fix-and-flip, rental property, or affordable home customized to your taste. Conveniently located near schools, shopping, dining, and major roadways. With some TLC, this property could offer tremendous value.
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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 16, 2026 | Sold | ||
| Sold | |||
| Sep 9, 2026 | In contract | - | |
| In contract | |||
| Aug 25, 2026 | Listed by Karen Davis Properties | $109,900 | |
| Listed by Karen Davis Properties | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017