1
Map
3039 Shipway Avenue
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 5, 2022 | No longer available | - | |
| No longer available | |||
| Mar 5, 2022 | In contract | - | |
| In contract | |||
| Feb 16, 2022 | Listed by Re/Max R. E. Specialists | $1,497,000 | |
| Listed by Re/Max R. E. Specialists | |||
| | |||
|
This is one of the most finely detailed and elegant homes to ever be offered for sale in the Long Beach Rancho Estates. Originally designed by influential architect Cliff May and built in 1954, the residence was recently refurbished by its architect and designer owners, who drew upon their experience and talents to create a calming palette inspired by their midcentury modern art. Anchoring the interior throughout is a light-toned Italian terrazzo tile floor balanced with rich custom birch cabinetry, dark trim to highlight the post-and-beam architecture, and white walls and ceilings to reflect natural light from the original Cliff May designed floor-to-ceiling windows and glass doors. And the attention to detail did not stop at the thresholds, as every inch of this property was thoughtfully curated for serenity, beauty and function. The majority of the property is situated behind a detached 2-car garage and custom designed fence, and the house sits toward the back of the lot for maximum privacy. Adding to the sense of calm is the property’s interior location within the neighborhood - well insulated from traffic yet in close proximity to nearby 800 acre El Dorado Park and Nature Center, and the San Gabriel River bike path to the beach. The manager has listed the unit size as 1270 square feet.
| |||
| Jan 16, 2020 | Sold | ||
| Sold | |||
| Dec 11, 2019 | Listed by Re/Max R. E. Specialists | $939,000 | |
| Listed by Re/Max R. E. Specialists | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017