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1009 9th Street
About This Property
Located on a quiet low traveled street in the Hermosa Hills is this classic Beach House.
Flower filled and newly sodded front yard welcomes you. You will be wowed by the incredible
ocean view from the spacious living room. The cozy kitchen with its numerous nooks and
crannies is to the right along with the bright breakfast room. To the left are the two sunny
bedrooms with walk-in closet and the uniquely designed original tiled full and 1/2 bath.
Interior stairs take you to the multi-purpose approximately 463 square foot basement.
With its freshly painted walls, new industrial carpeting, four light emitting windows and a
sliding "Barn Door" .......Imagine the possibilities! Visit Starbucks, Trader Joe's, Ocean Diner,
Von's Market, Yellow Vase and all the Sand and Pier activities without breaking a sweat!
Now that is 'Walkability"!
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 29, 2019 | Sold | ||
| Sold | |||
| Mar 5, 2019 | Listed by Strand Hill Christies International Real Estate | $1,199,000 | |
| Listed by Strand Hill Christies International Real Estate | |||
Property Highlights
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About Hermosa Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017