1550 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 |
|---|---|---|---|
| Sep 10, 2025 | Sold | ||
| Sold | |||
| Aug 2, 2025 | In contract | - | |
| In contract | |||
| Jul 30, 2025 | Price Decreased |
$1,399,900
↓ $50K
(3.5%) | |
| Price Decreased | |||
| Jul 4, 2025 | Price Decreased |
$1,449,900
↓ $50K
(3.3%) | |
| Price Decreased | |||
| May 29, 2025 | Listed by HARVEST REALTY DEVELOPMENT | $1,499,900 | |
| Listed by HARVEST REALTY DEVELOPMENT | |||
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Welcome to this charming turn-key property located on a massive 13,916 SF lot in an ideal Pasadena neighborhood. This unique home offers two separate living units. The front unit boasts 4 bedrooms and 3 bathrooms, an open floor plan, formal dining room, and a cozy living room, an inside laundry room for added ease. The second unit offers 3 bedrooms and 2 bath, with its own private kitchen and entrance – perfect for guests or as a rental unit. The property is equipped with two electricity meters and two gas meters. The expansive backyard includes an approved ADU plan with its own separate electricity and gas meters, offering endless possibilities for additional rental income or more living space. Situated within the highly-rated Pasadena Unified School District. Close to downtown Pasadena, providing easy access to shopping, dining, and entertainment. With the enormous lot, income potential, and coveted Pasadena location, this property truly has it all. Don’t miss out – schedule your tour today
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017