$695,000
●
House -
Off Market
538 Highland Street
Pasadena, CA 91104
2 Beds
1 Bath
1,050 Ft²
$1,081,466
RealtyHop Estimate
74.71%
Since Jan 1, 2016
CA-Los Angeles
Primary Model
About This Property
If you're the kind of person with an attention to detail than 538
Highland St is perfect for you. This 2 bed 1 bath 1929 Spanish
Bungalow is filled with character & charm. Upon entering, you are
greeted with features indicative of the bungalow era; double-hung
wood windows, hardwood flooring, coved ceilings, & original
hardware. The living room boasts a beautiful fireplace & the
adjacent dining room is great for family gatherings. The kitchen
enjoys tiled floors & butcher block countertops. Off the kitchen is
a quaint breakfast nook. The 2 bedrooms are nicely sized & the
master enjoys French doors that lead to the exterior. The full bath
is accented by tiled floors & a beautiful coved entry to the bath &
shower. With over 12,500 sf the lot is impressive. The love & care
that has gone into the yard is evident with its superb landscaping,
rows of raised planter boxes & an assortment of fruit trees.
Additional features include copper plumbing, hvac, & an office off
the detached garage.
Unit Size
1,050 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$590
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1929
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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 #P0-315010418)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 31, 2015 | Sold | ||
| Sold | |||
| Oct 19, 2015 | Listed by Craig Estates and Fine Properties | $619,000 | |
| Listed by Craig Estates and Fine Properties | |||
Property Highlights
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 Normandie Heights
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Listed by: Jeremy Hardy, Craig Estates and Fine Properties
Last Updated: 2 years ago
Data Source: CRMLS, MLS# P0-315010418
Last Updated: 2 years ago
Data Source: CRMLS, MLS# P0-315010418
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