389 Cliff Drive #9
About This Property
The manager has listed the unit size as 1124 square feet.
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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 |
|---|---|---|---|
| Aug 22, 2024 | Sold | ||
| Sold | |||
| Jul 1, 2024 | Listed | $599,000 | |
| Listed | |||
| | |||
|
This must see, spacious 2 bed 2 bath condo unit is in a very quiet Hastings Ranch area of N.E. Pasadena. Newly remodeled top floor unit, new kitchen, complete new laminate flooring throughout, updated bathrooms. Totally turnkey and ready to move in. Walking distance to Whole foods and other nearby shopping areas. Close to the Sierra Madre villa metro station, connecting you to most of the San Gabriel areas and minutes to Downtown Pasadena as well as Downtown Los Angeles. This Beautiful, totally re-modeled condominium, is a great place to call home, near the foothills of the San Gabriel Mountains. Make an appointment to see it today… it will not last long.
| |||
| May 1, 2022 | No longer available | - | |
| No longer available | |||
| Apr 11, 2022 | In contract | - | |
| In contract | |||
| Apr 9, 2022 | Listed | $599,890 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/12/2024
|
2 Bed
|
2 Bath
|
1124 ft²
|
$698,000
2 Bed
2 Bath
1124 ft²
|
$698,000
01/06/2025
|
Peggy Allison
Allison REALTORS
| |
|
07/01/2024
|
2 Bed
|
2 Bath
|
1124 ft²
|
$599,000
2 Bed
2 Bath
1124 ft²
|
$680,000
+13.52%
08/22/2024
|
QING LIU
RE/MAX 2000 REALTY
| |
|
04/09/2022
|
2 Bed
|
2 Bath
|
1124 ft²
|
$599,890
2 Bed
2 Bath
1124 ft²
|
-
-
|
Richard Kim
Exp Realty
| |
|
10/25/2019
|
2 Bed
|
1 Bath
|
1278 ft²
|
$499,000
2 Bed
1 Bath
1278 ft²
|
$512,000
+2.61%
12/09/2019
|
Shereen Kelly
Berkshire Hathaway Home Servic
| |
|
05/17/2019
|
2 Bed
|
2 Bath
|
1233 ft²
|
$525,000
2 Bed
2 Bath
1233 ft²
|
-
-
|
-
| |
|
08/27/2018
|
2 Bed
|
2 Bath
|
1360 ft²
|
$499,900
2 Bed
2 Bath
1360 ft²
|
$545,000
+9.02%
10/10/2018
|
Matthew Helganz
Meridian Capital Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017