$1,310,000
●
House -
Off Market
521 Michigan Boulevard
Pasadena, CA 91107
3 Beds
2 Baths,
1
Half Bath
2,534 Ft²
$2,122,314
RealtyHop Estimate
51.60%
Since Mar 1, 2018
CA-Los Angeles
Primary Model
About This Property
Gorgeous traditional single family home sits on a large, flat
nearly 19,000 Sqft lot on a quite street in the highly desirable
Michillinda Park area in Pasadena. The main house is approximately
2,534 Sqft, features 3 bedrooms, 2.5 full bathrooms, formal living
room, family room with wet bar, kitchen and a light filled
breakfast room that overlooks the beautiful gardens. Additionally,
a separate 715 sqft guest house includes 2 bedrooms, 1 bathroom,
full kitchen with eating area, and a living room. Attached 3 car
garage. Huge backyard has mature fruit trees and a brick BBQ place,
making it a private and peaceful area for casual relaxation or
elegant entertainment. Do not miss this wonderful opportunity to
call this your home!
Unit Size
2,534 Ft²
Days on Market
52 days
Land Size
0.43 acres
Price per sqft
$552
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1938
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #AR17268958)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 1, 2018 | Sold | ||
| Sold | |||
| Dec 11, 2017 | Listed by Coldwell Banker Arcadia | $1,399,900 | |
| Listed by Coldwell Banker Arcadia | |||
| Apr 10, 2014 | Sold | ||
| Sold | |||
| Mar 13, 2014 | Listed by Sotheby's International Realty, Inc. | $1,398,000 | |
| Listed by Sotheby's International Realty, Inc. | |||
| | |||
|
Located in highly desirable Michillinda Park, this one story Traditional sits on a large, flat lot surrounded by mature trees and expansive grounds. The main house features 3 bedrooms, 2-1/2 baths, FR, FDR, LR, Kitchen, and a light filled breakfast room that overlooks the beautiful gardens. The cozy Guest House is tucked away in the corner of the property and it features 2 bedrooms, 1 bath, full kitchen with eating area, and a living room. There is a 3 car attached garage, as well as a separate carport with room for more cars, a boat or perhaps a small RV. Other amenities include CAC, hardwood floors in most rooms, a wet bar in the family room and a brick BBQ outside.
| |||
Property Highlights
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 East Pasadena
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Jiawei Shen, Coldwell Banker Arcadia
Last Updated: 4 months ago
Data Source: CRMLS, MLS# AR17268958
Last Updated: 4 months ago
Data Source: CRMLS, MLS# AR17268958
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017