2604 Morningside Lane
About This Property
Located in a quiet and friendly neighborhood, this property is close to schools, parks, and all the amenities Pasadena has to offer. Don't miss your chance to own this beautifully updated home!
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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 |
|---|---|---|---|
| Mar 3, 2025 | Sold | ||
| Sold | |||
| Jan 24, 2025 | In contract | - | |
| In contract | |||
| Jan 8, 2025 | No longer available | - | |
| No longer available | |||
| Jan 7, 2025 | Listed by AEA Realty, LLC | $205,000 | |
| Listed by AEA Realty, LLC | |||
| | |||
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This charming, newly renovated home in Pasadena is move-in ready, boasting modern updates and amenities. With 3 bedrooms, 2 bathrooms, and 1,201 sq. ft. of living space. Featuring recent upgrades like a new A/C system, a brand-new roof, double-pane windows, and PEX plumbing for lasting comfort. Notable features include two-stage LED lighting in the living room, USB outlets in the kitchen, and a tankless water heater, plus a generator hookup for emergencies. Set on a spacious 5,995 sq. ft. lot, the property offers a large backyard and a storage shed, perfect for outdoor activities and gardening. Located in a quiet, friendly neighborhood, it’s conveniently close to schools, parks, and all that Pasadena has to offer. Don’t miss the chance to own this beautifully updated home!
Located in a quiet and friendly neighborhood, this property is close to schools, parks, and all the amenities Pasadena has to offer. Don’t miss your chance to own this beautifully updated home!
| |||
| Dec 8, 2024 | Price Decreased |
$205,000
↓ $10K
(4.7%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017