$1,175,000
●
House -
Off Market
231 The Toledo
Long Beach, CA 90803
3 Beds
2 Baths
1,436 Ft²
$1,750,274
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model
About This Property
Newly remodeled! This fabulous Naples Island property just
completed its beautiful transformation to a light bright modern
beach house. Upon entering you are greeted by a spacious
living room with new flooring that spans throughout the entire
home. The custom kitchen features new cabinetry, a chef's gas
stove, and quartz countertops. The bathroom is clean and bright
with a custom glass enclosed tile shower and new vanity with quartz
counters. Two remodeled bedrooms with new flooring, paint and
closet doors conveniently located on the main floor are great for a
growing family. A new laundry room designed for a stackable washer
dryer and an attached two-car garage with additional storage round
out the main floor. Upstairs features a large master suite with
attached bathroom featuring custom tile and an oversized vanity
with dual sinks. With room for an office and a view of the 3rd of
July fireworks, this master bedroom is truly a master suite.
Walking distance to shops restaurants and award-winning Naples
Bayside Elementary School.
Unit Size
1,436 Ft²
Days on Market
69 days
Land Size
0.06 acres
Price per sqft
$832
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1946
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 4 months ago (CRMLS #RS19188138)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 17, 2019 | Sold | ||
| Sold | |||
| Aug 9, 2019 | Listed by Nationwide Real Estate Execs | $1,195,000 | |
| Listed by Nationwide Real Estate Execs | |||
| Oct 28, 2018 | No longer available | - | |
| No longer available | |||
| Oct 6, 2018 | Price Decreased |
$1,015,000
↓ $20K
(1.9%) | |
| Price Decreased | |||
| Sep 23, 2018 | Price Increased |
$1,035,000
↑ $20K
(2%) | |
| Price Increased | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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ft²
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About Naples
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Listed by: Spencer Snyder, Nationwide Real Estate Execs
Last Updated: 4 months ago
Data Source: CRMLS, MLS# RS19188138
Last Updated: 4 months ago
Data Source: CRMLS, MLS# RS19188138
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