1431 Russell Drive
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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 |
|---|---|---|---|
| Jan 29, 2025 | Sold | ||
| Sold | |||
| Jan 6, 2025 | Listed by Compass | $749,000 | |
| Listed by Compass | |||
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Welcome home to this stunning 1925 Spanish Bungalow, located in the desirable Eastside Circle neighborhood. This charming home exudes timeless character and craftsmanship unique to the 1920s while offering modern upgrades for today's lifestyle.Step inside to find a beautifully remodeled kitchen featuring new General Electric stainless steel appliances, granite countertops, and updated hardware. Additional highlights include a new energy-saving General Electric washer and dryer, a tankless water heater, updated light fixtures, and gleaming hardwood floors throughout. The spacious walk-in closet provides ample storage, while the oversized driveway and one-car garage allow parking for up to three vehicles.Ideally located, this home is just moments away from vibrant restaurants, the Playhouse, scenic golf courses, beaches, shopping centers, grocery stores, CSULB, Long Beach Medical Center, and offers easy access to major freeways. Don't miss this opportunity to own a piece of Long Beach history with all the comforts of modern living!
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| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Nov 16, 2020 | In contract | - | |
| In contract | |||
| Oct 22, 2020 | Relisted | $629,000 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017