$1,035,000
●
House -
Off Market
551 Royce Street
Altadena, CA 91001
4 Beds
2 Baths
1,956 Ft²
$1,192,128
RealtyHop Estimate
13.64%
Since Oct 1, 2021
CA-Los Angeles
Primary Model
About This Property
Nestled in a quiet, desirable residential neighborhood of Altadena,
this single-story 4 bedroom, 3 bathroom home is ready to
accommodate even a large family! Property features include a living
room with a fireplace, a formal dining room, hardwood floors,
granite countertop and oak cabinetry in the kitchen, recessed
lighting, a huge family room and a two-car attached garage. Other
stunning features are a large front yard and a huge backyard with
lots of fruit trees - where one can add an ADU and/or a pool and
still would have enough space for gardening. With a little TLC,
this home could definitely be a dream home to a savvy buyer wanting
to be in a great location close to many prime establishments.
Unit Size
1,956 Ft²
Days on Market
65 days
Land Size
0.23 acres
Price per sqft
$536
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1940
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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: 13 months ago (CRMLS #320007041)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 29, 2021 | Sold | ||
| Sold | |||
| Jul 22, 2021 | No longer available | - | |
| No longer available | |||
| Jul 22, 2021 | Listed by Coldwell Banker Hallmark | $1,049,000 | |
| Listed by Coldwell Banker Hallmark | |||
| Jun 29, 2021 | Price Decreased |
$1,100,000
↓ $50K
(4.4%) | |
| Price Decreased | |||
| Apr 3, 2021 | Price Decreased |
$1,150,000
↓ $50K
(4.2%) | |
| Price Decreased | |||
Show More
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
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HOA + Taxes
About Altadena
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Currently no similar homes aroundNearby Rentals
Listed by: Kevin Dijamco, Coldwell Banker Hallmark
Last Updated: 13 months ago
Data Source: CRMLS, MLS# 320007041
Last Updated: 13 months ago
Data Source: CRMLS, MLS# 320007041
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