$599,000
●
House -
Off Market
1321 Fay Place
Pasadena, CA 91104
2 Beds
1 Bath,
1
Half Bath
1,096 Ft²
$942,356
RealtyHop Estimate
57.32%
Since Sep 1, 2017
CA-Los Angeles
Primary Model
About This Property
Delightful character home features two bedrooms and two bathrooms,
situated on a private street in historic Pasadena. Built in 1926,
welcoming front porch opens to the formal living room with hardwood
floors and brick fireplace. Formal dining room off the kitchen
overlooks the front yard. Eat-in kitchen features tile
counter-tops, built-in cabinetry and a breakfast nook. Laundry room
conveniently located off the kitchen includes exterior access. The
two spacious bedrooms boast ample natural light. Amenities include
hardwood flooring, central air-conditioning, dual pane windows and
architectural details throughout. A long driveway leads to a
detached one-car garage & private patio. Located just minutes to
Old Town Pasadena and everything that Pasadena has to offer!
Unit Size
1,096 Ft²
Days on Market
63 days
Land Size
0.08 acres
Price per sqft
$547
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1926
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 4 months ago (CRMLS #P0-817000118)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 11, 2017 | Sold | ||
| Sold | |||
| Jul 28, 2017 | Listed | $599,000 | |
| Listed | |||
| | |||
|
Delightful character home features two bedrooms and two bathrooms, situated on a private street in historic Pasadena. Built in 1926, welcoming front porch opens to the formal living room with hardwood floors and brick fireplace. Formal dining room off the kitchen overlooks the front yard. Eat-in kitchen features tile counter-tops, built-in cabinetry and a breakfast nook. Laundry room conveniently located off the kitchen includes exterior access. The two spacious bedrooms boast ample natural light. Amenities include hardwood flooring, central air-conditioning, dual pane windows and architectural details throughout. A long driveway leads to a detached one-car garage & private patio. Located just minutes to Old Town Pasadena, the Rose Bowl and everything that Pasadena has to offer!The manager has listed the unit size as 1096 square feet.
| |||
| Jul 9, 2017 | Listed | $599,000 | |
| Listed | |||
| | |||
|
Delightful character home features two bedrooms and two bathrooms, situated on a private street in historic Pasadena. Built in 1926, welcoming front porch opens to the formal living room with hardwood floors and brick fireplace. Formal dining room off the kitchen overlooks the front yard. Eat-in kitchen features tile counter-tops, built-in cabinetry and a breakfast nook. Laundry room conveniently located off the kitchen includes exterior access. The two spacious bedrooms boast ample natural light. Amenities include hardwood flooring, central air-conditioning, dual pane windows and architectural details throughout. A long driveway leads to a detached one-car garage & private patio. Located just minutes to Old Town Pasadena and everything that Pasadena has to offer!The manager has listed the unit size as 1096 square feet.
| |||
| Jun 9, 2017 | Listed by Keller Williams Realty | $599,000 | |
| Listed by Keller Williams Realty | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Northwest Pasadena
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$7,995 /mo
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$3,683 /mo
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Listed by: Jayne Parsons, Keller Williams Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# P0-817000118
Last Updated: 4 months ago
Data Source: CRMLS, MLS# P0-817000118
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