$1,875,000
●
House -
Off Market
242 N Rafael
Long Beach, CA 90803
3 Beds
3 Baths
3,152 Ft²
$2,856,096
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model
About This Property
Timeless style and architecture meet modern grand luxury at the
apex of Rafael Walk and The Lido, on Naples Island. Step through
the beautiful arched wooden double front doors onto Provenza
Pompeii "Sabatini" European Oak floors into a great open space with
high ceilings. A chef's kitchen featuring Miele double oven,
Geoggeneou cook top, Sub-Zero refrigerator/freezer, Sub-Zero,
78-bottle wine refrigerator with two beverage drawers and Eco-Wood
Boffi cabinetry is an entertainer's dream. On the second floor the
master en suite features a large walk-in closet with custom
shelving, vaulted ceiling and an attached patio. Enjoy a romantic
two-sided fireplace from your bedroom or your private jacuzzi tub.
Two spacious bedrooms with walk-ins, private guest bathroom, a
separate laundry room plus abundant closet and storage space on the
second floor. Continue up to the third floor roof top where
views of the bay set the stage for a great entertainment spot
including deck furniture and a jacuzzi. Ample parking with an
epoxied and built out two car garage including exterior parking pad
for up to two more. Privacy and security are assured with
Control4 Smart Home (lights, audio, video) with in-ceiling speakers
in living room, family room & master bathroom plus the Nest Protect
intelligent smoke and CO alarms throughout house and garage.
A moment's walk to the water and just a 5 minute walk to the
Long Beach Yacht Club. Love living in Naples in your custom
masterpiece.
Unit Size
3,152 Ft²
Days on Market
151 days
Land Size
0.07 acres
Price per sqft
$619
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2009
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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 #PW19105580)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 3, 2019 | Sold | ||
| Sold | |||
| Oct 1, 2019 | No longer available | - | |
| No longer available | |||
| Sep 28, 2019 | Listed | $1,950,000 | |
| Listed | |||
| | |||
|
Timeless style and architecture meet modern grand luxury at the apex of Rafael Walk and The Lido, on Naples Island. Step through the beautiful arched wooden double front doors onto Provenza Pompeii Sabatini European Oak floors into a great open space with high ceilings. A chef's kitchen featuring Miele double oven, Geoggeneou cook top, Sub-Zero refrigerator/freezer, Sub-Zero, 78-bottle wine refrigerator with two beverage drawers and Eco-Wood Boffi cabinetry is an entertainer's dream. On the second floor the master en suite features a large walk-in closet with custom shelving, vaulted ceiling and an attached patio. Enjoy a romantic two-sided fireplace from your bedroom or your private jacuzzi tub. Two spacious bedrooms with walk-ins, private guest bathroom, a separate laundry room plus abundant closet and storage space on the second floor. Continue up to the third floor roof top where views of the bay set the stage for a great entertainment spot including deck furniture and a jacuzzi. Ample parking with an epoxied and built out two car garage including exterior parking pad for up to two more. Privacy and security are assured with Control4 Smart Home (lights, audio, video) with in-ceiling speakers in living room, family room & master bathroom plus the The manager has listed the unit size as 3152 square feet.
| |||
| May 5, 2019 | Listed by INTI Realty | $1,950,000 | |
| Listed by INTI Realty | |||
| Apr 24, 2019 | No longer available | - | |
| No longer available | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
With View
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 Naples
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Listed by: Giannina Silva, INTI Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW19105580
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW19105580
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