$790,000
●
House -
Off Market
2995 Emerson Way
Altadena, CA 91001
3 Beds
1 Bath
1,511 Ft²
$1,201,423
RealtyHop Estimate
50.37%
Since Feb 1, 2019
CA-Los Angeles
Primary Model
About This Property
Move-in ready perfectly describes this renovated 1949 Traditional.
The rooms have been freshly painted, new carpet was just installed
in the owner's suite, and the gleaming hardwood floors have been
polished. The re-imagined kitchen features open-beamed ceilings,
brand new Bosch cooktop with downdraft ventilation fan, Bosch
dishwasher, new quartz countertop and glass tile backsplash, new
stainless steel farmhouse sink and upgraded refrigerator. French
doors open from the dining area to an outdoor entertaining space.
The owner's suite offers walk-in closet, private bath and a door
opening to the rear yard. The Tesla solar panels generate clean,
renewable, economical energy. The HVAC system with smart thermostat
is two years old, including the ductwork. This home is not to be
missed!
Unit Size
1,511 Ft²
Days on Market
22 days
Land Size
0.15 acres
Price per sqft
$529
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 #P0-819000098)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 29, 2019 | Sold | ||
| Sold | |||
| Jan 7, 2019 | Listed by COMPASS | $799,000 | |
| Listed by COMPASS | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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ft²
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HOA + Taxes
About Altadena
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Listed by: Kathy Gibson, COMPASS
Last Updated: 5 months ago
Data Source: CRMLS, MLS# P0-819000098
Last Updated: 5 months ago
Data Source: CRMLS, MLS# P0-819000098
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