$560,000
●
House -
Off Market
489 Raymond Drive
Pasadena, CA 91107
3 Beds
1 Bath
1,283 Ft²
$947,554
RealtyHop Estimate
66.53%
Since Dec 1, 2016
CA-Los Angeles
Primary Model
About This Property
Custom built in 1999, this great 3BR 1.75BA has so much to offer.
Located on a private street in east Pasadena, with a picket fence
and in a very quiet neighborhood. Master bedroom with slider out to
a private pergola covered patio. Updated kitchen with tile counter
tops and wood cabinetry. Off the kitchen is a little office nook
suitable for a desk or to use as any other extra space. The rear
yard is spacious and is centered by a fruitful avocado tree. 2 car
attached garage with laundry inside garage. Central heat and air. A
comfortable place to call home!Close proximity to restaurants,
shopping mall, hospital, freeway, Santa Anita Race Track, parks and
public transportation.
Unit Size
1,283 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$443
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1999
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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: 2 years ago (CRMLS #P0-316007109)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 9, 2019 | No longer available | - | |
| No longer available | |||
| Oct 31, 2019 | Listed | $699,000 | |
| Listed | |||
| | |||
|
This charming 3 bedroom/2 bath home is located on a private street in Pasadena. The floor plan invites comfortable living. The kitchen offers a generous amount of cupboards, including a pantry. Freestanding gas range, dishwasher, and garbage disposal are included.There is ample space for a table & chairs, and a bump out that could serve perfectly for an desk, providing office or study space. Sliding glass doors to the backyard complete this room. The Master Suite, on the opposite side of the living area from the other 2 bedrooms, provides a sense of privacy. The sliding glass doors flood the room with natural sunlight. The Master Bath has generous counter space including double sinks.Two more bedrooms and a second bath between complete the layout. Come and see this wonderful opportunity that is ready to be called home. Close to Chapman Woods,shopping & restaurants. The manager has listed the unit size as 1283 square feet.
| |||
| Nov 4, 2016 | Sold | ||
| Sold | |||
| Jul 27, 2016 | Listed by Berkshire Hathaway Home Servic | $569,000 | |
| Listed by Berkshire Hathaway Home Servic | |||
Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About East Pasadena
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Listed by: Shereen Kelly, Berkshire Hathaway Home Servic
Last Updated: 2 years ago
Data Source: CRMLS, MLS# P0-316007109
Last Updated: 2 years ago
Data Source: CRMLS, MLS# P0-316007109
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