1700 La Cresta Drive
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 |
|---|---|---|---|
| Dec 8, 2021 | Sold | ||
| Sold | |||
| Nov 1, 2021 | Listed by COMPASS | $2,249,000 | |
| Listed by COMPASS | |||
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Meticulously renovated and expanded, this exceptional Spanish Revival style property exudes charm and character throughout. Located in the Arroyo-Rose Bowl district of Pasadena, this home has been updated to perfectly combine a modern, contemporary aesthetic while maintaining its Spanish charm. The stunning curb appeal and lush front-yard welcome you inside this two-story residence, where you're immediately greeted by an elegant entrance foyer, which sets the tone. The comfortable floor-plan offers a step-down living room, drenching in natural sunlight, with a fireplace, and beam ceilings. Adjacent to the living room is the spacious dining room with a fireplace and French doors which lead to the backyard, ideal for entertaining. The kitchen is highlighted by the center island and new, top-of-the-line stainless steel appliances and is open to the family room, ideal for everyday living. The first level also includes a guest bedroom, which can also be the perfect home office and has private access to the guest bathroom which includes a shower. Upstairs, there are three additional bedrooms, two of which have their own, private and spacious balconies. The primary suite features a walk-in closet, as well as bathroom with double sink vanity and glass enclosed shower. The large, landscaped backyard has a refinished, outdoor fireplace, olive trees, succulents,a lemon tree and flat grass area, which create the most peaceful setting. There is a gated driveway which leads into the detached, two car garage. Additional updates include new electrical, plumbing, and HVAC systems.
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| Jan 11, 2021 | Sold | ||
| Sold | |||
| Dec 7, 2020 | Listed by Sotheby's International Realty, Inc. | $1,248,000 | |
| Listed by Sotheby's International Realty, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017