$900,000
●
House -
Off Market
2987 Casitas Avenue
Altadena, CA 91001
3 Beds
1 Bath
1,688 Ft²
$1,280,357
RealtyHop Estimate
49.05%
Since Jun 1, 2018
CA-Los Angeles
Primary Model
About This Property
Built in 1945 and superbly set behind gates on over a
quarter-of-an-acre of mature grounds in the beautiful Altadena
district of Greater Pasadena, this 3BR and 2BA Cape Cod-style
Traditional features a beautiful brick ''front porch,'' perfect for
a lazy day! Thoughtfully updated and well-maintained, the
home offers a large living room with an over-sized fireplace, that
opens to a formal dining room, kitchen with a breakfast area and a
convenient service porch. The private wing of the home
features an updated and large bath with double sinks, a
jacuzzi-style tub and separate shower, a spacious master bedroom
with plentiful closet space and two additional bedrooms, one with a
small adjoining office and direct access to an updated 3/4 bath.
The professionally designed gardens feature numerous
plantings of specimen shrubs, Roses and fruit trees as well as an
above ground jacuzzi-type hot tub and a 2-car detached garage with
storage. The grounds are secured by way of an automatic
wrought iron gate with keyless entry. House has 220V for an
electric car. Mountain views are plentiful!
Unit Size
1,688 Ft²
Days on Market
43 days
Land Size
0.27 acres
Price per sqft
$509
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1949
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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 #P0-818001464)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 15, 2018 | Sold | ||
| Sold | |||
| Apr 2, 2018 | Listed by Sotheby's International Realty, Inc. | $859,000 | |
| Listed by Sotheby's International Realty, Inc. | |||
Property Highlights
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
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Sold On
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HOA + Taxes
About Altadena
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Listed by: Rita Whitney, Sotheby's International Realty, Inc.
Last Updated: 5 months ago
Data Source: CRMLS, MLS# P0-818001464
Last Updated: 5 months ago
Data Source: CRMLS, MLS# P0-818001464
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