$889,000
●
House -
Off Market
455 Mercury Lane
Pasadena, CA 91107
3 Beds
2 Baths
1,576 Ft²
$1,292,925
RealtyHop Estimate
47.09%
Since May 1, 2019
CA-Los Angeles
Primary Model
About This Property
This darling home is situated on a quiet family friendly
cul-de-sac, 1/2 mile walk to the Metro Gold line and parks
(including dog park) 1 block from shopping, walk to restaurants and
farmers market. Minutes from downtown Pasadena, Rose Bowl,
Huntington Library, Eaton Canyon hiking and golf course.Featuring 3
Bedrooms, 1 3/4 baths, lovely living room with fireplace and wood
floors. Dining area , kitchen features shaker style cabinets with
stainless steel appliances, quartz counter tops, custom shiplap
pantry island. The family room opens to the rear-yard with a
wonderful yard and play area for children. There are newer Milgard
windows, simpli safe security system and a newer roof on house and
garage. Central air/heat with wifi thermostat, recessed lighting,
crown moldings throughout the house and a beautiful iron driveway
gate.
Unit Size
1,576 Ft²
Days on Market
38 days
Land Size
0.15 acres
Price per sqft
$558
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1950
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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 #AR19054526)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 18, 2019 | Sold | ||
| Sold | |||
| Mar 11, 2019 | Listed by Art Del Rey Realty, Inc. | $879,000 | |
| Listed by Art Del Rey Realty, Inc. | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
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Sold On
Sold On
HOA + Taxes
About Far East Pasadena
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Listed by: Pamela DelRey, Art Del Rey Realty, Inc.
Last Updated: 5 months ago
Data Source: CRMLS, MLS# AR19054526
Last Updated: 5 months ago
Data Source: CRMLS, MLS# AR19054526
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