1868 KAWEAH Drive
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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%.
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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.
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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 3, 2025 | Sold | ||
| Sold | |||
| Jun 13, 2025 | In contract | - | |
| In contract | |||
| May 28, 2025 | Price Decreased |
$1,499,000
↓ $189K
(11.2%) | |
| Price Decreased | |||
| May 3, 2025 | Price Decreased |
$1,688,000
↓ $80K
(4.5%) | |
| Price Decreased | |||
| Feb 16, 2025 | Listed by COMPASS | $1,768,000 | |
| Listed by COMPASS | |||
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Nestled in the serene San Rafael Hills,1868 Kaweah Drive blends classic Pasadena charm with thoughtful modern upgrades. This beautifully maintained home boasts recent upgrades and enhancements designed for comfort, efficiency, and style. Step inside this light-filled 3 bedroom, 3 bath home and enjoy the breathtaking views. This inviting space features an open kitchen with quartz countertops, a new refrigerator, an in-line hot water heater that ensures energy efficiency and on-demand warmth. A newly installed 3-zone HVAC system provides optimal climate control year-round, making this home as comfortable as it is beautiful. The upstairs grand living room features a cozy fireplace and panoramic views--on clear days, you can even see the Griffith Observatory. The primary bedroom has stunning floor-to-ceiling windows that seamlessly blend the comfort of the indoors with the beauty of the surrounding landscape. Recent major system upgrades include new PEX plumbing (2023), a brand-new roof and gutters with downspouts (2024), new stucco and repainted exterior (2023), and a newly paved driveway and front steps (2024). The home also features recessed lighting, a fireplace in the dining room, automatic irrigation, a brand new dryer, 2-car garage with an automatic door opener, and 2 outdoor patios for entertaining. Located in the sought-after Pasadena San Rafael hills, this home is a perfect blend of historic charm and contemporary updates.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017