$2,500,000
●
House -
Off Market
488 Lockehaven Street
Pasadena, CA 91105
5 Beds
4 Baths
4,408 Ft²
$4,152,099
RealtyHop Estimate
60.00%
Since Jun 1, 2017
CA-Los Angeles
Primary Model
About This Property
Located in the historic Arroyo Seco area Architect T.W. Parkes
designed this stately American Foursquare just a few years after
Pasadena's founding. Retaining much of its original architectural
design,many period details enhance the appeal & character. Wide
pocket doors, 9+ft ceilings, bayed windows and pine floors.
Detailed wood molding, tall baseboards, original and/or replicated
hardware are thru out. A covered wrap-around front porch beckons to
sit & relax, the handsome front door opens to a formal foyer that
leads to the Parlor, living room, formal dining room, guest bath
and library. Restored & expanded true to the design but thinking in
today's lifestyle. A terrific kitchen w/a center island, Viking
range, Sub-Zero Refrigerator & lrg breakfast area. Adjacent is a
family room w/a FPL
Unit Size
4,408 Ft²
Days on Market
46 days
Land Size
0.29 acres
Price per sqft
$589
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1892
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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 #P0-317002366)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 5, 2017 | Sold | ||
| Sold | |||
| Mar 20, 2017 | Listed by Coldwell Banker Residential Brokerage Company | $2,595,000 | |
| Listed by Coldwell Banker Residential Brokerage Company | |||
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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HOA + Taxes
About West Pasadena
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Listed by: Robin Stever, Coldwell Banker Residential Brokerage Company
Last Updated: 4 months ago
Data Source: CRMLS, MLS# P0-317002366
Last Updated: 4 months ago
Data Source: CRMLS, MLS# P0-317002366
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