249 Alpine Street #38
About This Property
The manager has listed the unit size as 742 square feet.
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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.
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 |
|---|---|---|---|
| Apr 17, 2026 | Sold | ||
| Sold | |||
| Apr 7, 2026 | In contract | - | |
| In contract | |||
| Mar 27, 2026 | Listed | $599,000 | |
| Listed | |||
| | |||
|
Rare opportunity! Located in the heart of Madison Heights, this front end unit townhome features an abundance of natural sunlight, private front patio and attached two car garage with laundry. This one bedroom, one bathroom loft style unit has been tastefully maintained and enhanced. Boasting new interior paint and light fixtures, this unit is move-in ready with all kitchen appliances including stove/oven, refrigerator, and dishwasher. The main level offers a living room with built-ins, dining area, and kitchen with counter seating. The upper level bedroom offers an oversized closet and a full bathroom with new vanity. Direct access to the oversized two-car garage, which includes washer and dryer. The community amenities include a pool and spa, and cover many utilities including earthquake insurance. New Hardie board siding was completed for the entire complex in 2019. Close to the Gold Line, Whole Foods, Trader Joe's, several shops and restaurants, Old Town Pasadena, and the Langham Hotel.
| |||
| Oct 24, 2019 | No longer available | - | |
| No longer available | |||
| Oct 4, 2019 | Listed | $399,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/27/2026
|
1 Bed
|
1 Bath
|
742 ft²
|
$599,000
1 Bed
1 Bath
742 ft²
|
$660,000
+10.18%
04/17/2026
|
Lisa Zastrow
Coldwell Banker Realty
| |
|
11/19/2025
|
2 Bed
|
3 Bath
|
1042 ft²
|
$785,000
2 Bed
3 Bath
1042 ft²
|
$828,000
+5.48%
02/17/2026
|
Suzanne Hazel
Sotheby's International Realty, Inc.
| |
|
07/11/2024
|
2 Bed
|
3 Bath
|
1042 ft²
|
$899,000
2 Bed
3 Bath
1042 ft²
|
$931,000
+3.56%
08/07/2024
|
Sandra Saeger
Engel & Voelkers La Canada
| |
|
08/10/2021
|
1 Bed
|
1 Bath
|
713 ft²
|
$575,000
1 Bed
1 Bath
713 ft²
|
-
-
|
Giusy Mele-Brown
COMPASS
| |
|
06/18/2021
|
3 Bed
|
3 Bath
|
1258 ft²
|
$789,000
3 Bed
3 Bath
1258 ft²
|
-
-
|
Giusy Mele-Brown
COMPASS
| |
|
09/20/2020
|
2 Bed
|
3 Bath
|
1042 ft²
|
$729,000
2 Bed
3 Bath
1042 ft²
|
-
-
|
-
| |
|
02/29/2020
|
2 Bed
|
1 Bath
|
1042 ft²
|
$685,000
2 Bed
1 Bath
1042 ft²
|
$732,000
+6.86%
04/03/2020
|
Lara Arslanian
Compass Califorinia
| |
|
10/04/2019
|
1 Bed
|
1 Bath
|
742 ft²
|
$399,000
1 Bed
1 Bath
742 ft²
|
-
-
|
-
| |
|
08/01/2018
|
2 Bed
|
2 Bath
|
1042 ft²
|
$659,000
2 Bed
2 Bath
1042 ft²
|
$657,000
-0.30%
09/18/2018
|
Suzanne Hazel
Sotheby's International Realty, Inc.
| |
|
08/18/2017
|
3 Bed
|
2 Bath
|
1258 ft²
|
$649,900
3 Bed
2 Bath
1258 ft²
|
$735,000
+13.09%
10/04/2017
|
Devon Beck
Berkshire Hathaway Home Servic
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017