$1,063,500
●
House -
Off Market
573 Alameda Street
Altadena, CA 91001
4 Beds
2 Baths
1,826 Ft²
$1,470,553
RealtyHop Estimate
48.84%
Since Aug 1, 2018
CA-Los Angeles
Primary Model
About This Property
This corner property is uniquely located in the heart of desirable
Christmas Tree Lane. A single level with 4 bedrooms and 2 bathrooms
sitting on an oversized lot. You will find hardwood floors
throughout, updated Kitchen and bathrooms, an expansive living room
with large dual-pane windows showcasing views of the mountains and
overlooking a large and private backyard with a pool, fruit trees,
and luscious vegetation. Mexican pavers highlight the partially
covered back patio, giving you a most inviting area to enjoy meals
al fresco, appreciate the mountain views or rest after refreshing
in the pool. This property also offers a dedicated laundry room,
2-car garage, A/C and a solar system. In 2017 the property received
many upgrades: new driveway, new fence and gates, new pavers in
entryway, new electrical outlets and switches, new tall baseboard,
exterior house painted, refinished interior doors and added new
handles, new dual-pane windows in living room, new pool filter
installed, updated kitchen cabinets and repainted kitchen. Other
upgrades were done in prior years. A must see!
Unit Size
1,826 Ft²
Days on Market
41 days
Land Size
0.23 acres
Price per sqft
$541
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1947
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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 #NP18121215)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 9, 2018 | Sold | ||
| Sold | |||
| May 29, 2018 | Listed by Berkshire Hathaway HomeService | $988,000 | |
| Listed by Berkshire Hathaway HomeService | |||
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 Altadena
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Mariana Donahue, Berkshire Hathaway HomeService
Last Updated: 4 months ago
Data Source: CRMLS, MLS# NP18121215
Last Updated: 4 months ago
Data Source: CRMLS, MLS# NP18121215
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