1241 Sagemont Place
About This Property
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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 |
|---|---|---|---|
| Apr 15, 2026 | Sold | ||
| Sold | |||
| Mar 17, 2026 | In contract | - | |
| In contract | |||
| Feb 19, 2026 | Listed by Keller Williams Realty Los Feliz | $1,990,000 | |
| Listed by Keller Williams Realty Los Feliz | |||
| Feb 26, 2025 | Sold | ||
| Sold | |||
| Jan 28, 2025 | Listed by COMPASS | $649,000 | |
| Listed by COMPASS | |||
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Flat-rectangular parcel available for purchase – approximately 9,472 SF (8,710 usable SF) per LA County Assessor. Lot is located on Sagemont Place, the private road portion of the street. The property is located north of Altadena Drive, east of Lake Ave, south of Rubio Canyon Road, and west of Holliston Ave. Lot is zoned LCR 175 – low density residential. Prior home was razed by the Eaton fire. Prior home had a sewer connection, and water, electric, and gas stubbed to the site. Interested buyers are advised to independently investigate potential future uses and parcel remediation processes with the County of Los Angeles and applicable government agencies. For safety purposes, please do not walk on the property, drive-by only. Currently priced at approximately $69 per SF of land.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017