283 E Altadena Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 4, 2025 | Sold | ||
| Sold | |||
| Mar 14, 2025 | Listed by Compass | $745,000 | |
| Listed by Compass | |||
| | |||
|
Here's a perfectly positioned lot. With access to public transportation steps out the front door, a short walk to the heartbeat of Altadena's commercial life, public library and Christmas tree lane, this one of a kind lot combines the tranquility of Altadena with the buzz of urban life. Over 22 offers on this property when last won in 2022 because the land was so magical. The San Gabriel Mountains set a spectacular backdrop to this special slice of land. Sitting at nearly 1/3 of an acre (13,520 square foot lot), this lot is sheltered under mature trees with an expansive view that, on a clear day, takes you out to Catalina Island. Pre-fire, this was a beloved homestead, with chickens roaming under the shade of the pepper tree, garden beds tucked into the sun-filled corner, and children running in the lush grass. What was, what remains, and what we all know it will be again. Already rich in history, the Eaton Fires are now a part of her story. And the foothills are hard at work to rebuild, with progress every single day. Phase 1 is complete and Phase 2 is forthcoming. Meanwhile, the grass is still green and the spring bulbs are waking up and beginning to bloom. What can you imagine here? What will the next 100 years look like? Who will love this land? We can't wait for you to see it and dream. Come over! Come see! (Drive by only. Do not access or walk on the property, as the lot is a burn site. Buyers are encouraged to do their own investigations on all matters with appropriate professionals to their satisfaction)
| |||
| Oct 19, 2022 | Sold | ||
| Sold | |||
| Sep 7, 2022 | Listed by COMPASS | $950,000 | |
| Listed by COMPASS | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017