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1604 Effie Lane
About This Property
Situated on a 6,000-square-foot lot, the property offers outdoor space for relaxing, entertaining, gardening, or creating the backyard setup you've been wanting. The home also features an attached garage, providing additional parking and storage space.
Conveniently located in Pasadena with access to nearby shopping, dining, schools, and major roadways, this property combines an established neighborhood setting with everyday convenience. Whether you're searching for your next home or an investment opportunity, 1604 Effie Lane is one you'll want to see.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 21, 2026 | Sold | ||
| Sold | |||
| Aug 15, 2026 | In contract | - | |
| In contract | |||
| Aug 3, 2026 | Listed by Premier Property Group | $190,000 | |
| Listed by Premier Property Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017