1830 The Strand
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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.
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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 |
|---|---|---|---|
| Jun 14, 2023 | No longer available | - | |
| No longer available | |||
| Jun 6, 2023 | Listed by Palm Realty Boutique | $14,500,000 | |
| Listed by Palm Realty Boutique | |||
| | |||
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Built & designed by Silicon Bay Development and Laney LA architects, this beach front home for the most discerning, design oriented buyers is available once more. This 3,750 square foot warm modern residence rests on a quiet part of the Hermosa Beach Strand, centrally located between piers. Finishes include•Fleetwood doors and windows•Architectual Board Form Concrete•French White Oak Wood Flooring•Rift White Oak Cabinetry with high gloss kitchen uppers•Clear Cedar Tongue and Groove ceilings•Kitchen Counter Walker and Zanger leathered Nuage Quartzite, Great room Bar Walker Zanger Calcutta polished marble, Master Bathroom Ann Sacks Eros Grey honed Master shower and integrated sinks, Rec room Bar Leatherized Polar White Quartzite, Guest Bath Walker Zanger honed Basaltina•Robern Backlit Master Mirrors and Vanities, Paris Backlit Powder Mirror•Stainless Steel Plumbing Fixtures by Hansgrohe and Axos, Victoria + Albert Barcelona Master Tub•Kitchen Appliances - Miele 48" Range•2 Miele 30” inch ovens Miele Microwave•2 Miele Dishwashers•Subzero Full Height 30 inch Wine column Fridge•1st Floor Rec room Bar - ULine Beverage Center / Ice machine, Miele Dishwasher•Full height Fleetwood Sliders and Windows are interior doors 1 1/4" Rift White Oak Interior jambs and doors. Technology•Crestron Lighting System and recessed pocket shade. The manager has listed the unit size as 3750 square feet.
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| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Feb 5, 2021 | In contract | - | |
| In contract | |||
| Jan 21, 2021 | Price Increased |
$11,895,000
↑ $5M
(74.9%) | |
| Price Increased | |||
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About Hermosa Beach
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$5,995 /mo
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$7,000 /mo
- 3 Beds
- 2 Baths
- 1,464 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017