129 W Montecito Avenue
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 |
|---|---|---|---|
| Jul 6, 2020 | Sold | ||
| Sold | |||
| Mar 2, 2020 | Listed by Century 21 Village Realty | $649,000 | |
| Listed by Century 21 Village Realty | |||
| Jun 20, 2016 | Sold | ||
| Sold | |||
| Feb 20, 2016 | Listed by COLDWELL BANKER RESIDENTIAL | $475,000 | |
| Listed by COLDWELL BANKER RESIDENTIAL | |||
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Welcome to Sierra Madre living! A quiet small town where everybody knows your name just a stones throw from the big city! 20 mins to Downtown LA, half an hour to Hollywood! This awesome condo alternative is awaiting an update exactly to your tastes and specifications! It is also one short block from Sierra Madre elementary, live closer than you could park to arguably the best school in Pasadena! Located only one block to Sierra Madre village. There is also an unfinished attic for extra storage, orif creative possibly could be turned into more livable square footage! Buyer to check with city. Homes at this price are almost impossible to find in the flat lands of Sierra Madre! Will not last!!
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About Sierra Madre
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017