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1606 Armour
About This Property
The updated kitchen and bathrooms blend timeless style with modern convenience, the whole house has been wired for ethernet, the living room features surround-sound speaker capabilities, and the upstairs laundry area makes everyday living effortless. Step outside to a covered patio that flows seamlessly from the living space, creating the perfect setting for year-round entertaining, weekend barbecues, or simply relaxing while enjoying the additional yard space for outdoor play.
Additional highlights include three-car parking (one in the garage and two in the driveway) and a welcoming neighborhood where children of all ages ride bikes and play games in the comfort and safety of this close-knit community. Ideally located near parks, shopping, dining, top-rated schools, and just minutes from the beach, this home is also within the highly sought-after award-winning Jefferson Elementary School district.
Offering the perfect blend of coastal living, neighborhood charm, and everyday convenience, 1606 Armour Lane is a place you'll be proud to call home.
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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 |
|---|---|---|---|
| Oct 19, 2026 | Price Increased |
$1,250,000
↑ $51K
(4.3%) | |
| Price Increased | |||
| Oct 3, 2026 | Price Decreased |
$1,199,000
↓ $100K
(7.7%) | |
| Price Decreased | |||
| Aug 1, 2026 | Listed by CA Flat Fee Listings, Inc | $1,299,000 | |
| Listed by CA Flat Fee Listings, Inc | |||
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About North Redondo Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017