2 W Pine St
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 |
|---|---|---|---|
| Aug 9, 2026 | Price Decreased |
$1,599,990
↓ $50K
(3%) | |
| Price Decreased | |||
| Jun 11, 2026 | Listed by Compass | $1,649,990 | |
| Listed by Compass | |||
| Apr 22, 2025 | Sold | ||
| Sold | |||
| Mar 13, 2025 | Listed by COMPASS | $495,000 | |
| Listed by COMPASS | |||
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This lot lives much larger than its square footage. It offers driveway access from Fair Oaks and frontage on Pine, creating an opportunity for creative site planning and the ideal siting of your new home. This prime corner lot offers stunning mountain views, close proximity to Altadena's best parks, and easy access to everything the vibrant Lincoln Avenue Corridor has to offer. The sellers have a deep appreciation for the 10 years they were able to enjoy the Altadena lifestyle this location provides. Sunrise hikes, quiet evenings with mountain views, and being part of Altadena's incredible community while surrounded by the natural beauty of the area were among the highlights. Currently, Altadena Community Standards allow for a gross structural area of up to 2,780 square feet. This limit does not include an additional allocation for a garage or ADU. Public records indicate the lost home was 2,122 square feet with 4 beds, 3 baths plus a detached garage. This home was destroyed in the Eaton Fire, and the property is being sold as land only.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017