3895 Mayfair
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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%.
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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 15, 2024 | Sold | ||
| Sold | |||
| May 1, 2024 | Listed by Manna Realty | $1,250,000 | |
| Listed by Manna Realty | |||
| Oct 27, 2023 | No longer available | - | |
| No longer available | |||
| Oct 13, 2023 | In contract | - | |
| In contract | |||
| Sep 27, 2023 | Listed by Keller Williams - Downtown LA | $900,000 | |
| Listed by Keller Williams - Downtown LA | |||
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Welcome to a unique opportunity in the highly desirable Lower Hastings Ranch neighborhood of Pasadena. This 1950s ranch-style home, offering 1,594 SF of living space on a generous 8,686 SF lot, is a blank canvas awaiting your personal touch. The character-filled home features 3 bedrooms, 2 bathrooms, and many original details such as tiled countertops & bathrooms, hardwood floors under the carpet (Buyer to verify), charming pocket doors, and a large wood-paneled living room with an incredible focal point fireplace. The formal dining room connects to the kitchen with a breakfast area and attached laundry room with linen closets & yard access. The home has a central HVAC system and there is newer plumbing (~2 years) and roof (~10 years) and 2-car garage. The backyard includes a concrete patio, swimming pool, and room to garden. Located close to local parks, shopping, dining, and schools, this home presents a fantastic opportunity for investors, DIY enthusiasts, or anyone looking to create their dream home. Don't miss your chance to be part of the Lower Hastings Ranch community in Pasadena. Property sold in as-is condition. Buyer to verify all details and perform necessary due diligence. The manager has listed the unit size as 1594 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017