$1,786,000
●
House -
Off Market
981 N Garfield Avenue
Pasadena, CA 91104
4 Beds
1 Bath
2,363 Ft²
$1,495,461
RealtyHop Estimate
0.03%
Since Jun 1, 2022
CA-Los Angeles
Primary Model
About This Property
Historical Garfield Heights Craftsman .Gorgeous two-story
craftsman built in 1910.Home features four bedrooms and two
bathrooms. Original interior details including box beam ceilings,
wainscoting, original hardware and cabinetry. Leaded glass cabinets
and decorative fireplace add charm and integrity to this beautiful
home.Spacious and elegant with formal dining room and beautifully
restored kitchen and renovated bathroom. California basement and
ample closet and storage space.Private and landscaped gardens with
mature trees and plants. Lovely patio, perfect for
entertaining!House is located in Garfield Heights Historical
Landmark District. Buyer to verify with association what building
restrictions there may be. House has Mills Act property tax
incentive attached.
Unit Size
2,363 Ft²
Days on Market
41 days
Land Size
0.17 acres
Price per sqft
$633
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1911
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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: 5 months ago (CRMLS #P1-8932)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 16, 2022 | Sold | ||
| Sold | |||
| Apr 1, 2022 | Listed by COMPASS | $1,495,000 | |
| Listed by COMPASS | |||
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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Type
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ft²
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HOA + Taxes
About Northwest Pasadena
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Listed by: Rebecca Gilbert, COMPASS
Last Updated: 5 months ago
Data Source: CRMLS, MLS# P1-8932
Last Updated: 5 months ago
Data Source: CRMLS, MLS# P1-8932
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