1425 Riviera Drive
About This Property
Amazing single-story home in Upper Hastings Ranch, meticulously remodeled throughout. This extremely elegant modern home offers a rare 4 bedroom and 3 bath layout. The main house has three bedrooms and two baths and a cabana which has been renovated as a private master en-suite. The open, bright residence is the perfect retreat for indoor/outdoor living. Beautiful tile flooring seamlessly connect the entry, expansive living room with fireplace, dining room and updated gourmet kitchen. The state of art kitchen offers a culinary paradise with newer appliances, gorgeous white cabinetry and Caesarstone counter tops. The living room opens directly to the spacious patio and pool with unobstructed views of the mountains and valley. The beautiful tile floors, neutral paint, newer windows and doors, designer wall paper and custom built-ins create a wonderful open, bright ambiance to this entertainer's home. Additional amenities include ample storage, a 2-car attached garage, and a large, easy to maintain yard. Don't miss this rare opportunity to own a one of a kind Upper Hasting Ranch residence.
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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 12, 2019 | Sold | ||
| Sold | |||
| Feb 13, 2019 | Listed by Re/Max Premier Prop Arcadia | $1,350,000 | |
| Listed by Re/Max Premier Prop Arcadia | |||
Property Highlights
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About Far East Pasadena
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017