2 Long Beach #D
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 22, 2023 | Sold | ||
| Sold | |||
| May 9, 2023 | In contract | - | |
| In contract | |||
| May 3, 2023 | Listed by J. Barrett & Company | $525,000 | |
| Listed by J. Barrett & Company | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/12/2024
|
3 Bed
|
2 Bath
|
1096 ft²
|
$699,000
3 Bed
2 Bath
1096 ft²
|
-
-
|
Jackelyn Enslow
J. Barrett & Company
| |
|
11/09/2023
|
3 Bed
|
2 Bath
|
-
|
$795,000
3 Bed
2 Bath
|
-
-
|
Jackelyn Enslow
J. Barrett & Company
| |
|
05/03/2023
|
2 Bed
|
1 Bath
|
760 ft²
|
$525,000
2 Bed
1 Bath
760 ft²
|
$525,000
06/22/2023
|
Jackelyn Enslow
J. Barrett & Company
| |
|
05/03/2023
|
2 Bed
|
1 Bath
|
760 ft²
|
$525,000
2 Bed
1 Bath
760 ft²
|
$525,000
06/22/2023
|
Jackelyn Enslow
J. Barrett & Company
| |
|
09/01/2021
|
1 Bed
|
1 Bath
|
420 ft²
|
$321,888
1 Bed
1 Bath
420 ft²
|
$321,888
09/24/2021
|
Tsakirgis Team
RE/MAX Property Shoppe, Inc.
| |
|
10/03/2020
|
1 Bed
|
1 Bath
|
420 ft²
|
$338,900
1 Bed
1 Bath
420 ft²
|
-
-
|
Joyce E. Sullivan
Kinlin Grover GMAC Real Estate
| |
|
06/27/2006
|
Studio
|
1 Bath
|
420 ft²
|
$195,000
Studio
1 Bath
420 ft²
|
$170,000
-12.82%
09/15/2006
|
Gail Guittarr
J. Barrett & Company
| |
|
06/24/2004
|
1 Bed
|
1 Bath
|
500 ft²
|
$265,000
1 Bed
1 Bath
500 ft²
|
$265,000
07/16/2004
|
Helen Smith Harber
RE/MAX At The Coast
| |
|
04/30/2003
| |
8 Bed
|
8 Bath
|
3284 ft²
|
$800,000
8 Bed
8 Bath
3284 ft²
|
$625,000
-21.88%
01/14/2004
|
Helen Smith Harber
Beaton Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017