250 5th Street
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 1, 2018 | No longer available | - | |
| No longer available | |||
| Sep 28, 2018 | Sold | ||
| Sold | |||
| Jul 16, 2018 | Listed | $1,209,000 | |
| Listed | |||
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This Ericksen built home, located on arguably one the most popular streets in Old Town Seal Beach has been lovingly cared for. Greeted by sunshine and blue skies, you enter into the formal living and dining room area that's within reach of your built-in wine refrigerator. The gourmet kitchen, featuring high end appliances is sure to thrill the aspiring chef by offering brand names such as Miele, Dacor and Sub-Zero. Complimented by granite counters and cherry wood cabinetry, the innovative kitchen designed by Artisan Building Contractors offers hidden storage to maximize the usable space. Entertaining is easy with the open concept kitchen offering a four stool, bar height counter area all of which opens to the family room area and study area. Upstairs you'll find three bedrooms all with vaulted ceilings and recessed lighting. The master bathroom is a retreat unto itself finished with a mix of subway tile, marble, seamless glass shower enclosure and antique sinks. Grab your morning beverage from the Miele espresso maker and head out onto your choice of two outdoor decks, the perfect way to start your day. Cool evenings are warmed by two indoor fireplaces and summers are enjoyed grilling with friends on the private back patio. Don't miss this chance to make this Seal Beach home your own! The manager has listed the unit size as 2350 square feet.
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| Jun 27, 2018 | Listed by Ferguson Realty | $1,209,000 | |
| Listed by Ferguson Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017