$1,025,000
●
House -
Off Market
245 Saint Joseph Avenue
Long Beach, CA 90803
3 Beds
2 Baths
1,600 Ft²
$1,612,195
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model
About This Property
This 1926 Spanish Revival home is ideally located in Belmont
Heights; a short stroll to the beach, the shops and restaurants of
Belmont Shore, and prestigious Lowell Elementary School. Step
through the gated courtyard and enjoy the cool ocean breeze in the
private garden. Architectural details abound with arched windows
and doorways, fireplace, wood floors, period light fixtures and
hardware, and a sweeping staircase to the second level with a
beautiful arched landing area - the perfect location for your home
library. Formal dining room between kitchen and living room. Sip
your morning coffee in the sunny breakfast room overlooking the
garden. Inside laundry room and downstairs bathroom with shower.
Upstairs features three spacious bedrooms and a full bathroom.
Deep, attached garage (which is currently used as a main level
bedroom), plus gated driveway for additional parking. This is an
incredible opportunity to own a gorgeous home in Belmont Heights.
Unit Size
1,600 Ft²
Days on Market
332 days
Land Size
0.08 acres
Price per sqft
$688
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1926
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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 #PW18245447)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 5, 2019 | Sold | ||
| Sold | |||
| Oct 8, 2018 | Listed by Realty One Group Diamond | $1,100,000 | |
| Listed by Realty One Group Diamond | |||
Property Highlights
Garage
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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HOA + Taxes
About Belmont Heights
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Listed by: Coralyn Wahlberg, Realty One Group Diamond
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW18245447
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW18245447
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