1225 N Hill Avenue
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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%.
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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.
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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 8, 2017 | Sold | ||
| Sold | |||
| Sep 2, 2017 | Listed | $895,000 | |
| Listed | |||
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Relax and enjoy in this beautiful 1921 Pasadena Craftsman Bungalow, adjacent to “Bungalow Heaven". Situated on an expansive and lushly landscaped 11,000+ square foot lot, this 3 bedroom / 2 bath home includes a master bedroom with en-suite bathroom and space for a sitting area and desk. Upon opening the original 42-inch Douglas fir shaker-style front door, you’ll find a light and welcoming living room with a brick fireplace and a large dining room. The kitchen is spacious and boasts stainless steel appliances and a large island. Interior highlights also include recessed lighting and beautiful refinished oak and straight grain Douglas fir flooring. The new stained wood gate opens to a freshly poured ribbon driveway that leads to an oversized two-car garage. Enjoy the lushly landscaped front and backyard with a wide assortment of fruit trees and a full sprinkler system, as well as a large raised wood deck with patio cover, perfect for outdoor gatherings. The manager has listed the unit size as 1881 square feet.
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| Aug 10, 2017 | Listed by Re/Max R. E. Specialists | $895,000 | |
| Listed by Re/Max R. E. Specialists | |||
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About Northeast Pasadena
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017