Listed by: Christina Spoolstra, First Team Real Estate
$1,500,000
●
House -
Off Market
361 S Berkeley Avenue
Pasadena, CA 91107
3 Beds
3 Baths
1,911 Ft²
$7,366
Est. Monthly
About This Property
Discover timeless elegance in this stunning 1926 home, cherished by
the same family for over 60 years. Nestled in the highly
sought-after Caltech neighborhood, this residence boasts a
picturesque setting on a tranquil, tree-lined street. The home's
charming curb appeal is just the beginning. Step inside to
find beautifully preserved hardwood floors and an abundance of
natural light streaming through numerous windows. The spacious
living room, complete with a cozy fireplace and soaring ceilings,
seamlessly flows into the formal dining room, perfect for
entertaining. Adjacent to the dining room, an open loft
offers a versatile space ideal for a home office or a peaceful
retreat. A pull-down attic ladder in the hallway reveals a
partially finished attic, providing ample storage space not
included in the square footage. The kitchen opens to a serene
backyard oasis, featuring a shaded patio, sunroom, expansive pool,
spa and a pool house. The detached garage has been thoughtfully
converted into a pool house, complete with a mini kitchen and
bathroom. All appliances are included in the sale, making this home
move-in ready.
Unit Size
1,911 Ft²
Days on Market
32 days
Land Size
0.20 acres
Price per sqft
$785
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1926
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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: 3 years ago (CRMLS #OC24160377)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 21, 2024 | Sold | ||
| Sold | |||
| Oct 6, 2024 | In contract | - | |
| In contract | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
| Sep 15, 2024 | Listed by First Team Real Estate | $1,500,000 | |
| Listed by First Team Real Estate | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About San Marino
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Listed by: Christina Spoolstra, First Team Real Estate
Last Updated: 3 years ago
Data Source: CRMLS, MLS# OC24160377
Last Updated: 3 years ago
Data Source: CRMLS, MLS# OC24160377
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