$1,190,009
●
House -
Off Market
508 E Pine Street
Alhambra, CA 91801
4 Beds
1 Bath
2,436 Ft²
$1,896,038
RealtyHop Estimate
58.27%
Since Jul 1, 2017
CA-Los Angeles
Primary Model
About This Property
Classic traditional home located in the very desirable Bean Tract
neighborhood of north Alhambra. This lovely property is situated in
the highly rated Alhambra Unified School District with close
proximity to San Marino and South Pasadena. Built in 1941 and cared
for by the same family for 53 years, this beautiful 4 bedroom, 2
bathroom home has much to offer. The large-flat-rectangular-lot is
beautifully landscaped, adorned with mature fruit trees and rose
bushes. The 12,730 SF parcel provides for a wide & deep backyard.
Designed with a very functional floor plan to provide excellent
flow, it is perfect for entertaining. The thoughtfully configured
layout includes a spacious formal living room, formal dining room,
and large kitchen which opens up to a family room with a wet bar
and fireplac
Unit Size
2,436 Ft²
Days on Market
59 days
Land Size
0.29 acres
Price per sqft
$492
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1941
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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 #P0-317003334)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 29, 2017 | Sold | ||
| Sold | |||
| May 1, 2017 | Listed by John Aaroe Group Inc | $1,198,000 | |
| Listed by John Aaroe Group Inc | |||
Property Highlights
Parking Available
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Alhambra
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Listed by: James Tripodes, John Aaroe Group Inc
Last Updated: 4 months ago
Data Source: CRMLS, MLS# P0-317003334
Last Updated: 4 months ago
Data Source: CRMLS, MLS# P0-317003334
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