3016 Heather Road
About This Property
Original oak flooring anchors the interiors, complemented by custom walnut cabinetry and one-of-a-kind accent pieces crafted with intention. Every detail has been thoughtfully curated, blending modern comfort with exquisite mid-century authenticity. Highlights include terrazzo flooring, walnut angled-edge built-in shelving, period-correct mid-century pendant lighting, and expansive new aluminum-framed sliders that open the living room to the outdoor deck for a seamless indoor-outdoor connection.
Custom-built walnut vertical slat accent panels add architectural rhythm, while flagstone accents echo the home's timeless character. At the heart of the living room, a striking fireplace is framed by a stack bond Roman brick surround, accented with custom inlaid walnut shelving that perfectly captures the era's distinctive design language. Custom metalwork details serve as a nod to breeze-block design, further enhancing the home's mid-century authenticity.
Practical updates include a detached two-car garage, updated plumbing, a newer roof, a tankless water heater, and an HVAC system that is only four years old, ensuring peace of mind and everyday comfort.
Situated in the desirable City College neighborhood of East Long Beach, this home is as functional as it is beautiful, offering a rare opportunity to experience mid-century design elevated for today's lifestyle.
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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 3, 2025 | Sold | ||
| Sold | |||
| Sep 18, 2025 | In contract | - | |
| In contract | |||
| Aug 11, 2025 | Listed by Keller Williams Pacific Estate | $1,049,000 | |
| Listed by Keller Williams Pacific Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017