1 3rd Place #805
About This Property
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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%.
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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.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 14, 2022 | No longer available | - | |
| No longer available | |||
| Aug 14, 2022 | In contract | - | |
| In contract | |||
| Aug 10, 2022 | Listed by Home Team Realty | $999,900 | |
| Listed by Home Team Realty | |||
| | |||
|
Priced to sell! Come check out this gorgeous 2 bed 2 bath top-floor corner beach front condo with panoramic ocean views and boasts a fantastic layout with lots of desirable extras! The entry opens up to spacious kitchen, with beautiful cabinetry, granite counters, complimentary backsplash, recess lighting, and top of the line stainless steel appliances! From there we work our way into the open spaced living room with direct access to the balcony, which leads you to the amazing unobstructed ocean views that this place has! The Master Bedroom comes next, with it's upgraded private master bathroom, and ocean views from its large window. From there we work our way to the other upgraded bathroom in the hallway which also leads into the other large sized bedroom on the other side of the hall. With that, we finished with the bottom floor, so we now head upstairs to the Loft / Living room with plantation shutters. This part of the home is large and could easily be used as an office space or extra bedroom! From here, you have access to the private roof top patio! This area could be used for entertaining, gardening, hanging out, etc. It also has views of the ocean and city lights! - There is direct easy access to beach from the building. You can walk right out to the beach, bike bath, Shoreline Village, and the Long Beach Aquarium - Association pool and spa recently resurfaced, meeting room, BBQ area, & sauna all there for you to enjoy - There's also an additional common area roof top patio with tables and chairs for you to enjoy the sunsets, located on the 5th floor - Each floor has their own trash shoot - You only share one common wall with this unit. - You get 2 side by side parking spaces, with storage cabinets - Home is located near restaurants, shopping, and entertainment. You are in the heart of Long Beach here! This beautiful turn-key property won't last! Come see it before it's gone! The manager has listed the unit size as 1251 square feet.
| |||
| Feb 28, 2020 | Sold | ||
| Sold | |||
| Nov 3, 2019 | Listed by Berkshire Hathaway H.S.C.P. | $799,000 | |
| Listed by Berkshire Hathaway H.S.C.P. | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/30/2024
|
1 Bed
|
1 Bath
|
779 ft²
|
$795,000
1 Bed
1 Bath
779 ft²
|
-
-
|
Brett Howard
Howard Realty Group
| |
|
10/20/2023
|
2 Bed
|
1.5 Bath
|
1304 ft²
|
$899,500
2 Bed
1.5 Bath
1304 ft²
|
-
-
|
AnneMarie Baham
Keller Williams Coastal Proper
| |
|
03/21/2023
|
1 Bed
|
1 Bath
|
740 ft²
|
$759,888
1 Bed
1 Bath
740 ft²
|
-
-
|
Bill Etchegaray
Century 21 Award
| |
|
08/10/2022
|
2 Bed
|
2 Bath
|
1251 ft²
|
$999,900
2 Bed
2 Bath
1251 ft²
|
-
-
|
Oscar Montani
Home Team Realty
| |
|
02/05/2022
|
2 Bed
|
3 Bath
|
1304 ft²
|
$860,000
2 Bed
3 Bath
1304 ft²
|
-
-
|
AnneMarie Baham
Keller Williams Coastal Proper
| |
|
09/10/2021
|
1 Bed
|
1 Bath
|
779 ft²
|
$739,000
1 Bed
1 Bath
779 ft²
|
-
-
|
Nick Resendez
Keller Williams Pacific Estates Cerritos
| |
|
08/10/2021
|
1 Bed
|
1 Bath
|
816 ft²
|
$647,500
1 Bed
1 Bath
816 ft²
|
-
-
|
Stuart Yormak
Coldwell Banker Coastal Alliance
| |
|
11/14/2020
|
2 Bed
|
1 Bath
|
1030 ft²
|
$689,000
2 Bed
1 Bath
1030 ft²
|
-
-
|
-
| |
|
11/03/2019
|
2 Bed
|
2 Bath
|
1251 ft²
|
$799,000
2 Bed
2 Bath
1251 ft²
|
$750,000
-6.13%
02/28/2020
|
Caterina Helfenstein
Berkshire Hathaway H.S.C.P.
| |
|
06/19/2019
|
1 Bed
|
1 Bath
|
779 ft²
|
$578,000
1 Bed
1 Bath
779 ft²
|
-
-
|
-
| |
|
02/06/2019
|
2 Bed
|
1 Bath
|
1200 ft²
|
$829,000
2 Bed
1 Bath
1200 ft²
|
$829,000
04/05/2019
|
Karen Volpei
Keller Williams - Burbank
| |
|
07/11/2017
|
2 Bed
|
1 Bath
|
1180 ft²
|
$739,000
2 Bed
1 Bath
1180 ft²
|
$729,000
-1.35%
09/01/2017
|
Patricia Kilian
Gasper-Monteer Realty Group
| |
|
06/07/2017
|
1 Bed
|
1 Bath
|
814 ft²
|
$539,000
1 Bed
1 Bath
814 ft²
|
$534,000
-0.93%
08/11/2017
|
John Correa
Sunwest Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017