$1,720,000
●
House -
Off Market
780 Rim Road
Pasadena, CA 91107
3 Beds
1 Bath
1,889 Ft²
$1,499,463
RealtyHop Estimate
0.03%
Since Jun 1, 2022
CA-Los Angeles
Primary Model
About This Property
Welcome home to this 1951 traditional situated in popular Lower
Hastings Ranch. Located on a quiet circular street. Formal entry to
the spacious and bright kitchen with breakfast nook and lots of
storage. Formal dining area separates the large living room with
fireplace and built in bookcases and the enormous family room. Both
rooms with sliding doors to the back patio. On one side of the
house are the 3 bedrooms and 2 bathrooms. 2 of the bedrooms have
hardwood floors, laminate in the remainder of the house. Central
heat and air conditioning, fresh paint, new flooring and new
electrical service, including the house being solar ready and
provisions for an EV charger. 2 car attached garage with one side
being a drive thru to the rear yard. The front and rear yards have
both been landscaped. Large, wide lot with room for a pool or ADU.
Close to schools, parks, churches, hiking trails, shopping,
restaurants and public transit.
Unit Size
1,889 Ft²
Days on Market
33 days
Land Size
0.26 acres
Price per sqft
$794
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1951
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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 #P1-9147)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 25, 2022 | Sold | ||
| Sold | |||
| Apr 20, 2022 | Listed by Berkshire Hathaway Home Servic | $1,499,000 | |
| Listed by Berkshire Hathaway Home Servic | |||
Property Highlights
Garage
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 Far East Pasadena
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Listed by: Shereen Kelly, Berkshire Hathaway Home Servic
Last Updated: 2 years ago
Data Source: CRMLS, MLS# P1-9147
Last Updated: 2 years ago
Data Source: CRMLS, MLS# P1-9147
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