$1,264,000
●
House -
Off Market
965 E Howard Street
Pasadena, CA 91104
4 Beds
1 Bath
2,048 Ft²
$1,732,198
RealtyHop Estimate
46.18%
Since Oct 1, 2019
CA-Los Angeles
Primary Model
About This Property
Built in 1909, this Four-Square Craftsman home is a part of the
Historic Highlands Landmark District. A shaded front porch accented
by a traditional porch swing fronts this 2-story residence. With 3
bedrooms and a den (or 4th bedroom) and 2 bathrooms, this kit
constructed house was assembled on a large, agricultural lot-which
provides for abundant outdoor usage. The property includes a 2-car
detached garage, a studio/home office and Pasadena's first, and
only, permitted Yurt. Connect to your better self in this
spiritually uplifting and practical creative space. True to its
era, there are multiple fruit-bearing trees as well as mature
Cedar, Avocado and Jacaranda trees. The large, flat backyard
includes multiple seating and entertaining areas, a hot tub and an
expansive lawn area.A custom, paving stone driveway provides room
for RV parking and multiple vehicles. 9.5KW+ solar panels reduce
your carbon footprint, and electric bills, substantially. The
Historic Highlands neighborhood captures the nostalgia and
friendliness of community that Pasadena is known for.
Unit Size
2,048 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$579
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1909
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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 #P0-819003713)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 24, 2019 | Sold | ||
| Sold | |||
| Aug 8, 2019 | Listed by Sotheby's International Realty, Inc. | $1,185,000 | |
| Listed by Sotheby's International Realty, Inc. | |||
Property Highlights
Air Conditioning
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
Price/ft²
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Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Historic Highlands
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Peter Martocchio, Sotheby's International Realty, Inc.
Last Updated: 2 years ago
Data Source: CRMLS, MLS# P0-819003713
Last Updated: 2 years ago
Data Source: CRMLS, MLS# P0-819003713
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