1
Map
$520,000
●
House -
Off Market
1411 TERMINO Avenue
Long Beach, CA 90804
1 Bed
1 Bath
833 Ft²
$736,085
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model
About This Property
Remodeled Craftsman Bungalow that keeps the quaint Historic Charm.
An open floor plan home where the living room opens to the kitchen
and dining area with hardwood floors, vaulted ceiling and nice
picture windows allowing for natural light. The kitchen features
slate tile countertops and breakfast bar and access to laundry and
outside patio area. An oversized master with Saltillo tiles and
windows that allow natural lighting as well as a stained glass
window. Newly remodeled Jack and Jill bathroom features a new large
soaking tub, new flooring, new vanity and countertop all under a
great vaulted ceiling and skylight. The garage has been converted
to a second bedroom that can also be used as a TV room, office or
additional living space with French doors leading to the large
outdoor space which is perfect for entertaining and includes a
built in gas grill. 3 year old water filteration system included.
Additional sqft. reflected in the listing was added with permits to
bring to code.
Unit Size
833 Ft²
Days on Market
85 days
Land Size
0.04 acres
Price per sqft
$630
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1921
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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: 4 months ago (CLAW #20564280)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 31, 2023 | No longer available | - | |
| No longer available | |||
| Mar 2, 2023 | In contract | - | |
| In contract | |||
| Jan 4, 2023 | Price Increased |
$643,000
↑ $44K
(7.4%) | |
| Price Increased | |||
| Dec 26, 2022 | Listed by Coldwell Banker Coastal Alliance | $599,000 | |
| Listed by Coldwell Banker Coastal Alliance | |||
| | |||
|
Craftsman Bungalow Historic Charm Home. An open floor plan home where the living room opens to the kitchen and dining area with hardwood floors, vaulted ceiling and nice picture windows allowing for natural light. The kitchen features slate tile countertops and breakfast bar and access to laundry and outside patio area. An oversized master with Saltillo tiles and windows that allow natural lighting as well as a stained-glass window. Jack and Jill bathroom features with soaking tub, vanity and countertop all under a great vaulted ceiling and skylight. The garage has been converted to a second bedroom that can also be used as a TV room, office or additional living space with French doors leading to the large outdoor space which is perfect for entertaining and includes a built-in gas grill. Water filtration system included. The manager has listed the unit size as 833 square feet.
| |||
| Jun 29, 2021 | No longer available | - | |
| No longer available | |||
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Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
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Asking Price
Listed On
Listed On
Closing Price
Sold On
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HOA + Taxes
About Bryant School
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Listed by: Yolanda Carroll, The Collective Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 20564280
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 20564280
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