486 Anderson Place
About This Property
Discover this enchanting cottage in the heart of Pasadena, perfectly located within a short stroll to the world-renowned Rose Bowl. This delightful home boasts two cozy bedrooms and a beautifully appointed bathroom, offering a warm and inviting ambiance throughout.
Every corner of this cottage exudes character, with unique touches and plenty of charm. The original garage, a nod to the past, once housed classic Model T's, adding a historical flair to the property. Step into the serene backyard, an ideal space for enjoying the sunny Southern California weather all year round.
Why buy a condo and pay HOA, when you can buy this great house and save on the HOA?
Don't miss the opportunity to own this captivating piece of Pasadena. Come see this beauty today and fall in love with your new home!
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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 |
|---|---|---|---|
| Oct 17, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 15, 2024 | In contract | - | |
| In contract | |||
| Sep 8, 2024 | Price Decreased |
$699,999
↓ $100K
(12.5%) | |
| Price Decreased | |||
| Jun 28, 2024 | Listed by Anvil Real Estate | $799,900 | |
| Listed by Anvil Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017