1518 Atchison Street
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 21, 2021 | Sold | ||
| Sold | |||
| Jun 30, 2021 | Listed by Brad Schmett Real Estate Group | $950,000 | |
| Listed by Brad Schmett Real Estate Group | |||
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You've hit the jackpot with this amazingly-valued Pasadena property that's just awaiting your final touches to create the home of your dreams! Flip it for profit or enjoy living surrounded by million-dollar homes for great future value. This residence sits at the end of a long driveway and may offer incredible income potential on a well-sized lot. Begin your discovery on the welcoming, covered porch where you can enjoy morning coffees and a good book. Inside, hardwood floors flow underfoot, including in the living room that highlights a fireplace for a comfortable ambiance to relax in. Seamlessly flow from the kitchen with all-white cabinetry and tiled floors and into the formal dining room to enjoy gourmet meals with guests.Additional features include a laundry room that conveniently leads outside where a barn-style garage can be converted into your work-at-home office. Plus, with permitted ADU use allowed, you could also convert it into a guest studio. Set in an enviable location, this must-have property is close to shopping, recreation, and dining establishments. Roll up your sleeves and come transform this property into the home of your dreams or a highly-valued investment opportunity before someone else does!
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| May 19, 2021 | Sold | ||
| Sold | |||
| Apr 6, 2021 | Listed by Coldwell Banker Realty | $795,000 | |
| Listed by Coldwell Banker Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017