218 14th Street
About This Property
Welcome Home to the beautiful community of Seal Beach.
This Stunning Property features a Custom Built 3 bedroom 4 Bath Main Home PLUS a 2 BEDROOM 2 BATH INCOME UNIT with 2 double car Garages all on a rarely available DOUBLE LOT.
A brilliant blend of Traditional Design, modern sophistication and exceptional charm. Custom Craftsman wood work through out a flowing open floor plan abundant in natural light. Central to the main floor is a well-appointed Chef's kitchen with Custom cabinetry, Granite countertops and a large center island. Completing the main floor- a chefs pantry, powder room and main floor en-suite bedroom. located on the upper level the 3rd bedroom and the en-suite master retreat featuring wood beamed ceilings, mahogany floors and a sitting area. Master bath amenities include dual onyx sinks, jetted spa tub and marble shower. Whole house sound system. Post and beam construction. House 2600 sqft.
2 bedroom 2 ba (1000 sqft) rental unit has a separate entrance and private patio. Airy and bright both bedrooms have upgraded en-suite bathrooms.This is great for rental income, as a guest QTRS, mother in law QTRS or large Home office. Walk to Main Street Shops and cafes and with a beach close location this is "Seal Beach living at its finest." Ck out virtual tour or
Copy and paste link to see virtual tour https://protect-us.mimecast.com/s/jwMdCqxMpQflqvAjuZnNIm?domain=my.matterport.com
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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 |
|---|---|---|---|
| Jun 26, 2020 | Sold | ||
| Sold | |||
| Dec 3, 2019 | Listed by First Team Real Estate | $2,199,000 | |
| Listed by First Team Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017