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247 E Randolph Place
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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.
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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 |
|---|---|---|---|
| Jun 1, 2020 | Sold | ||
| Sold | |||
| Mar 19, 2020 | Listed by Homesmart Realty Group | $899,000 | |
| Listed by Homesmart Realty Group | |||
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VACANT/This stunning completely renovated turn key 3 bedroom 2 bath Los Cerritos Home is located in one of the most desirable neighborhoods in Long Beach 90807 two blocks from the Bixby Knolls Country Club. It is located on a quiet street only minutes away from the gates of Virginia Country Club and conveniently located near restaurants and shopping Center. Open entrance you’re drawn to the beautiful open concept and new modern fireplace wrapped in Calacatta quartz. The home is recently wrapped in a new modern smooth stucco. The rooms gleam with new flooring throughout the house. To the left of the entrance, the kitchen contains custom cabinetry and custom bookend Calacatta quartz counter-tops with rainfall ends. The NXR 30" Professional Style gas range is perfect for the most demanding chef!! The indoor space includes a closed off laundry room hidden from view. Bedrooms are wide and spacious. The bathroom has been updated with a new stand up shower, vanity and lighted mirror. The master bedroom boasts an unobstructed view and access to the spacious backyard and a master en-suite that includes a large soaked tub, custom stand up shower with shower jets, floating toilet and over double vanity with LED mirrors. The house has fabulous double panel windows.
Virtual Tour Vacant: https://1drv.ms/v/s!At1GQHe6QOafiVl6KdW1O07I9dU4
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| Jun 27, 2019 | Sold | ||
| Sold | |||
| May 21, 2019 | Listed by Realty One Group Diamond | $625,000 | |
| Listed by Realty One Group Diamond | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017