$610,000
●
House -
Off Market
198 W Altadena Drive
Altadena, CA 91001
3 Beds
1 Bath
1,176 Ft²
$943,908
RealtyHop Estimate
45.44%
Since Jan 1, 2020
CA-Los Angeles
Primary Model
About This Property
Welcome to this original 1924 Jane's Cottage home in the lovely
city of Altadena. North facing Architectural treasure is set back
from the street with a spacious front yard and charming front
patio. Living room with a fireplace adjacent to the separate dining
area with French doors which open to the front porch. Kitchen with
plenty of cabinets, dishwasher, eat-in area, laundry hook-ups and
two conveniently located doors which lead to either the back deck
or the side yard. Three spacious bedrooms and a full hall bathroom.
The back bedroom also has French doors which lead to a deck which
is great for entertaining. A huge flat backyard surrounded by
mature trees for privacy and one car detached garage. This home has
tons of natural light throughout. With a little love and TLC this
home is waiting for its next owner to restore it to its original
beautiful splendor. Adjacent to La Canada Flintridge and Pasadena
and close to the Rose Bowl, Old town Pasadena with easy access to
the 210, 134 and 2 freeways. Must see to appreciate all the charm
and character of this treasured home.
Unit Size
1,176 Ft²
Days on Market
138 days
Land Size
0.19 acres
Price per sqft
$552
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1924
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 5 months ago (CRMLS #PF19189698)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 24, 2019 | Sold | ||
| Sold | |||
| Aug 8, 2019 | Listed by Redfin Corporation | $649,000 | |
| Listed by Redfin Corporation | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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Baths
ft²
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HOA + Taxes
About Altadena
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Listed by: Seta Chorbajian, Redfin Corporation
Last Updated: 5 months ago
Data Source: CRMLS, MLS# PF19189698
Last Updated: 5 months ago
Data Source: CRMLS, MLS# PF19189698
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