29
Map
281 N Colorado
About This Property
This 2 bedroom, 1 bathroom home is tucked privately behind a fully fenced yard with lush landscaping and water fountains. Inside, the living and dining areas feel bright and inviting, with hardwood flooring throughout and vaulted ceilings.
The renovated kitchen features stainless steel appliances, a built-in wine fridge, and a coffee bar made for entertaining. The updated bathroom offers a spa-style rain shower.
The primary bedroom is bright with multiple windows and a walk-in closet, and most of the newer custom windows are double-paned.
Outside, a welcoming front porch and a private side patio screened by tall bamboo create a quiet outdoor retreat, while a tiled driveway and electronic gate lead to one enclosed parking space.
Ideally located just a short walk from Retro Row, the Long Beach Museum of Art, neighborhood coffee shops, and the ocean-this charmer won't last long.
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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 |
|---|---|---|---|
| Jul 13, 2026 | Sold | ||
| Sold | |||
| Jun 19, 2026 | In contract | - | |
| In contract | |||
| May 3, 2026 | Listed by ENRG Realty Inc | $899,000 | |
| Listed by ENRG Realty Inc | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017