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2888 Clark Avenue
About This Property
Located in a desirable neighborhood, close to the Hangar Food Court, Whole Foods, The Long Beach Exchange, many other shops and restaurants, parks, golf courses and all the aquatic activities.
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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 |
|---|---|---|---|
| Mar 7, 2022 | Sold | ||
| Sold | |||
| Jan 17, 2022 | Listed by Circle Real Estate | $899,900 | |
| Listed by Circle Real Estate | |||
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Here's your opportunity to move to Stratford Square! This is a well maintained home featuring 3 bedrooms & 2 baths with all new vinyl laminate throughout, as well as granite kitchen counters, an eat-in area plus an open dining room, central A/C & heat, upgraded double-pane windows, a cozy gas fireplace, newer roof and a convenient and efficient tankless water heater. As for the outside, it's a relaxing oasis with well landscaped front and back yards with sprinklers, plenty of foliage, large covered patio to set up your BBQ and patio furniture and simply enjoy the day. As a huge plus, the den includes a closet and is attached to the 2nd bath, so it can be used as a 4th bedroom. Stratford Square is close to the Hangar Food Court, Whole Foods, The Long Beach Exchange, many other shops and restaurants, parks, golf courses and all the aquatic activities. Don't miss this opportunity!
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| Jul 9, 2019 | Sold | ||
| Sold | |||
| Apr 29, 2019 | Listed by Berkshire Hathaway H.S.C.P. | $650,000 | |
| Listed by Berkshire Hathaway H.S.C.P. | |||
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About East End
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Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW19097429
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