1718 Armour Lane
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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%.
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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 19, 2022 | Sold | ||
| Sold | |||
| Dec 8, 2021 | Listed by Edward Jacuinde Real Estate | $1,400,000 | |
| Listed by Edward Jacuinde Real Estate | |||
| | |||
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Live the ultimate SoCal lifestyle at this ocean-close home. Enviably located just moments from the surf and sand in Redondo Beach, the classic Mid-Century Modern residence makes it easy to leave the car at home and visit the city’s famous pier, a popular dog park, ball fields, a museum, virtually endless shopping destinations, and outstanding public schools including an elementary school within close proximity. Hermosa and Manhattan beaches are minutes away, and LAX is remarkably convenient Approximately 1,630 square feet, the three-bedroom, two-bath floorplan is open, airy and bright, with natural daylight illuminating stylish living areas, and city-light and neighborhood views offering an ever-changing backdrop for entertaining and relaxation. On the main level, vaulted ceilings lend a welcoming vibe, the living room is spacious, a primary suite promises luxurious privacy, and a generously proportioned deck showcases mature landscaping and raised planters. Truly the heart of the home, a brand-new kitchen shines with solid-surface countertops, white cabinetry, deluxe appliances, a pantry, garden window, peninsula with breakfast bar, deck access and open-concept ambiance. The lower level hosts an attached two-car garage, ample driveway parking, and secondary bedrooms, with both featuring walk-in closets and one opening to a private patio. Every detail of the home is improved, including woodgrain plank flooring, recessed lighting, new energy-efficient windows and sliding-glass doors, new paint, and top-tier finishes and appointments. Convenience is enhanced with an interior laundry room and built-in storage. Don’t miss this exceptional opportunity to experience legendary beach-close Southern California living...schedule your private tour today
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| Jul 16, 2021 | Sold | ||
| Sold | |||
| May 5, 2021 | Listed by RE/MAX Estate Properties | $1,165,000 | |
| Listed by RE/MAX Estate Properties | |||
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About North Redondo Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017