1637 1st Street
About This Property
Modern conveniences abound, including all-new plumbing, electrical systems, a smart doorbell and thermostat, and an efficient sprinkler system. Sliding glass doors lead to a newly constructed deck, creating an inviting transition to the private backyard. The bathrooms, fitted with Kohler fixtures, provide a spa-like atmosphere, while the primary suite serves as a tranquil retreat, featuring a custom walk-in closet and a luxurious en-suite bathroom.
Abundant natural light pours in through brand-new windows, accentuating the home's airy and bright ambiance. The expansive front yard, with lush landscaping and privacy hedges, offers a serene setting for outdoor entertaining.
Perfectly positioned with easy access to beaches, shops, the Mira Costa School District, and premier dining, this home offers the best in modern coastal living. Don't miss the opportunity to make it your new coastal retreat.
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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 31, 2024 | Sold | ||
| Sold | |||
| Oct 8, 2024 | In contract | - | |
| In contract | |||
| Oct 7, 2024 | Relisted | $2,399,000 | |
| Relisted | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
| Sep 19, 2024 | Listed by Jensen Realty | $2,399,000 | |
| Listed by Jensen Realty | |||
Property Highlights
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About Eastside Manhattan Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017