2285 Linden Avenue
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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 |
|---|---|---|---|
| Oct 11, 2018 | No longer available | - | |
| No longer available | |||
| Oct 5, 2018 | Sold | ||
| Sold | |||
| Aug 23, 2018 | Listed | $514,900 | |
| Listed | |||
| | |||
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Remodeled bungalow style home on large lot located near Bobbi Smith Elementary School on the edge of Wrigley. This 2 bed 2 bath 804 sq. ft. home is stunningly upgraded featuring a new roof, kitchen, copper plumbing, sewer and gas lines, re-wired electrical, and a wall heater. In addition, the interior and exterior have been painted and outfitted with all new lighting. The kitchen features new cabinets and granite countertops with an open design allowing great entertaining, additionally off the kitchen is a built in desk and large laundry area. This is practically a new home, but it has not lost its original charm! Additional storage and closet space were added and the original hardwood refinished. New/repaired fencing surrounds the tasteful drought tolerant landscape. The rebuilt laundry room accommodates the added master bath, which is a city permitted addition to the home. A great turnkey property in the top notch Long Beach Unified School District makes this a must see for any Long Beach buyers. Rebuilt with great attention to detail. Home has been wired as a smart home. The manager has listed the unit size as 804 square feet.
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| Aug 6, 2018 | Listed by Keller Williams Pacific Estate | $514,900 | |
| Listed by Keller Williams Pacific Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017