1
Map
Video Tour
1218 2nd Street
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Sep 30, 2020 | Sold | ||
| Sold | |||
| May 22, 2020 | Listed by Strand Hill Christies International Real Estate | $1,655,000 | |
| Listed by Strand Hill Christies International Real Estate | |||
| Oct 1, 2018 | Sold | ||
| Sold | |||
| Sep 13, 2018 | Listed by Redfin Corporation | $1,099,000 | |
| Listed by Redfin Corporation | |||
| |||
|
Calling all Investors, Builders and Families looking for a single family residence in the Hermosa Hills with an Ocean View that you can make your own....Here is your chance to own the LOWEST PRICED HOME in Hermosa Beach!
Search no further....this Single Family Residence is situated high atop 2nd street on a Street to Street lot (both streets are one way for limited traffic too!) with ocean views off the back and front of the home...build your own from scratch or remodel to be your dream home...This reverse floor plan home has living space and one bedroom/one bathroom upstairs and two remaining bedrooms/bathroom downstairs suited with a full laundry room AND attached 2 car garage! Large master downstairs that leads to your back yard as well....bring your imagination and some elbow grease and unlock the vast potential this home has....don't forget to enjoy every minute of it!! Walking distance to the Beach, Shops, Restaurants and TWO great parks with basketball courts and grass for play! Let's not forget the Award Winning Hermosa Beach School District! Do not miss your chance to own a piece of paradise in our quaint little town!
| |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Hermosa Beach
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$5,995 /mo
- 3 Beds
- 2 Baths
- 2,037 ft²
$7,200 /mo
- 3 Beds
- 2 Baths
- 1,805 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017