34
Map
$1,500,000
●
House -
Off Market
3635 Fairmeade Road
Pasadena, CA 91107
4 Beds
2 Baths
2,627 Ft²
$2,566,453
RealtyHop Estimate
76.03%
Since Nov 1, 2015
CA-Los Angeles
Primary Model
About This Property
Modern & bright contemporary home is nestled in the Lower Hastings
Ranch. Floor-to-ceiling bay windows line the wall of the spacious
living room, complete/w a brick fireplace & hardwood floors. The
open floor plan allows for great lighting & amazing views of the
pool and back patio from the remodeled kitchen, dining room, den
and master suite. The kitchen/w granite countertop, Island ,
stainless steel appliances, recessed counter lighting & stylish
lighting fixtures. Adjacent to the classic dining room is the
kitchen nook and space-efficient office area. Both the family room
& the master suite have French doors that open to the pool. A
updated full bath, with new fixtures, separates the roomy Jack &
Jill double bedrooms. The master suite is quietly located in the
back, creating the effect of a separate wing. The amply sized
master bath has beautiful carrera marble counters/w double sinks &
soaking tub/w separate glass shower. Two car garage w/space for a
work/storage area.
Unit Size
2,627 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$555
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1948
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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: 4 months ago (CRMLS #P0-315008645)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 8, 2023 | Sold | ||
| Sold | |||
| Aug 12, 2023 | Listed by Sotheby's International Realty, Inc. | $2,100,000 | |
| Listed by Sotheby's International Realty, Inc. | |||
| | |||
|
Located in the lower Hastings Ranch neighborhood of east Pasadena. This traditional home, built in 1948 and later updated and expanded, features four bedrooms, three baths, a formal dining room, a family room, a kitchen with a center island, and a breakfast nook. Hardwood floors are featured throughout, except in the kitchen, family room, and baths, where you'll find tile flooring. The home also has a dual zone HVAC system, and a fireplace. The large lot features a pool, spa, oversized two-car garage, workshop area, and motorized driveway gate.
| |||
| Oct 9, 2015 | Sold | ||
| Sold | |||
| Aug 31, 2015 | Listed by BHHS California Properties | $1,458,000 | |
| Listed by BHHS California Properties | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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HOA + Taxes
About Far East Pasadena
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Listed by: Mei-Mei Liu, BHHS California Properties
Last Updated: 4 months ago
Data Source: CRMLS, MLS# P0-315008645
Last Updated: 4 months ago
Data Source: CRMLS, MLS# P0-315008645
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