14 Long Beach
About This Property
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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 |
|---|---|---|---|
| Apr 5, 2011 | Sold | ||
| Sold | |||
| Feb 21, 2011 | Listed by Compass | $749,000 | |
| Listed by Compass | |||
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FULLY FURNISHED COTTAGE~Rare 1st Row Long Beach cottage with nearly 2,300 sq ft of finished space. Lower level apt provides extra room for friends and family, complete with its own kitchen! Natural gas fired central heat for those chilly spring and fall nights. No sewer betterment. Opportunity to renovate utilizing large footprint, or just enjoy "as is" with its vintage cottage flair. Beautiful views of Twin Lights and open ocean! Come enjoy the sun, surf & sand of Long Beach!
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| Oct 11, 1995 | Sold | ||
| Sold | |||
| Sep 22, 1994 | Listed | $119,900 | |
| Listed | |||
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THIS ONE'S A GEM-2 BEDROOM COTTAGE W/1 BEDROOM IN-LAW SUITE BELOW-MANY EXTRAS-COMPLETELY FURNISHED-ABSOLUTELY EVERYTHING STAYS-FABULOUS BUY-A MUST SEE!!NEW SURVEY-NEW SEPTIC SYSTEM.
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