$1,420,000
●
House -
Off Market
232 16th Street
Seal Beach, CA 90740
4 Beds
3 Baths
2,353 Ft²
$2,106,361
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model
About This Property
Two separate homes on a double lot is ideal for those seeking a
living arrangement to accommodate extended family. The front house
has a level entry and offers two bedrooms, one bathroom, bonus room
and two car garage with street access. With its own front and side
yard, it's ideal for those seeking a single level home with outdoor
space to garden or just relax. The back house welcomes you into the
living room with quaint dining room and kitchen with newer
cabinets, counter and large walk-in pantry. You'll also find direct
entry from the house into the back two car garage with alley
access, perfect for all those extra cars or beach toys (for a total
of four off-street parking spots)! Upstairs hosts a spacious Master
Suite with attached office that has its own balcony and rooftop
deck access. A spacious bathroom and second bedroom with vaulted
ceilings and skylight round out the abundant living space making
this the perfect Seal property. Don't miss the opportunity to make
this your own!
Unit Size
2,353 Ft²
Days on Market
216 days
Land Size
0.11 acres
Price per sqft
$612
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1936
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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: 5 months ago (CRMLS #PW19087552)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 19, 2019 | Sold | ||
| Sold | |||
| Oct 1, 2019 | No longer available | - | |
| No longer available | |||
| Sep 28, 2019 | Listed | $1,439,000 | |
| Listed | |||
| | |||
|
Two separate homes on a double lot is ideal for those seeking a living arrangement to accommodate extended family. Maybe you want to rent one and live in the other? The front house has a level entry and offers two bedrooms, one bathroom, bonus room and two car garage with street access. With its own front and side yard, it's ideal for those seeking a single level home with outdoor space to garden or just relax. The back house welcomes you into the living room with quaint dining room and kitchen with newer cabinets, counter and large walk-in pantry. You'll also find direct entry from the house into the back two car garage with alley access, perfect for all those extra cars or beach toys (for a total of four off-street parking spots)! Upstairs hosts a spacious Master Suite with attached office that has its own balcony and rooftop deck access. A spacious bathroom and second bedroom with vaulted ceilings and skylight round out the abundant living space making this the perfect Seal property. Don't miss the opportunity to make this your own! The manager has listed the unit size as 2353 square feet.
| |||
| Apr 8, 2019 | Listed by Ferguson Realty | $1,439,000 | |
| Listed by Ferguson Realty | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Seal Beach
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Nat Ferguson, Ferguson Realty
Last Updated: 5 months ago
Data Source: CRMLS, MLS# PW19087552
Last Updated: 5 months ago
Data Source: CRMLS, MLS# PW19087552
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