2036 W Spring Street
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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%.
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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 |
|---|---|---|---|
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| Jun 30, 2018 | Sold | ||
| Sold | |||
| Jun 19, 2018 | Listed | $419,900 | |
| Listed | |||
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Charming single level home in the West Long Beach neighborhood. Offering two bedrooms and one bathroom, this recently remodeled home provides comfort and function. Recently installed laminate flooring, recessed lighting, new sprinkler system and new water/gas lines in the garage. The spacious living is a great place to relax and/or entertain guests. A formal dining room adjoins this area and is perfect for formal meals or gatherings. The cozy kitchen features granite counter tops, stainless steel appliances, ample counter and storage space. Both bedrooms are very roomy with new ceiling fans and the outdoors features a recently built large covered patio with lighting, new cement flooring and a storage shed. A detached two car garage that includes washer/dryer hookups, new automatic opener, led shop lights and long private driveway add to the appeal. This home is ideally located walking distance to schools and parks and just a few minutes away from shopping, the Metro Blue Line and 405 and 710 freeways. The manager has listed the unit size as 718 square feet.
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| Apr 30, 2018 | Listed by Keller Williams Pacific Estate | $419,900 | |
| Listed by Keller Williams Pacific Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017