$659,000
●
House -
Off Market
3118 Marwick Avenue
Long Beach, CA 90808
2 Beds
1 Bath
949 Ft²
$923,962
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model
About This Property
You are going to love this turnkey beauty--all it needs is your
furniture! Features a galley kitchen with stainless utility
sink, lots of cabinet storage, and a light, bright dining area that
is open to the living room. The open floor plan has amazing
natural light, and looks out onto a roomy covered patio that will
be great for those family parties. A side porch adds a
comfortable spot for a cup of coffee and a good book. Updated
with long-lasting materials, there are quartz counters throughout,
artistic ceramic tile shower walls and bathroom floor, and lifetime
vinyl planking that looks and feels like wood, but is impervious to
moisture. All new interior doors and hardware, and mirrored
closet doors conceal extra-roomy closets. Newer roof and
plumbing, so you can leave your tools in the garage. A
private, grassy backyard features a gated-off dog run to keep your
pet safe and secure. The garage sits back out of view, with
RV possibilities in front of or behind the gate. Don't miss
it -- it will go quickly!
Unit Size
949 Ft²
Days on Market
28 days
Land Size
0.12 acres
Price per sqft
$694
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1950
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 5 months ago (CRMLS #PW20088448)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 5, 2020 | Sold | ||
| Sold | |||
| May 8, 2020 | Listed by Coast Realty Solutions, Inc. | $659,000 | |
| Listed by Coast Realty Solutions, Inc. | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Listed On
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Sold On
Sold On
HOA + Taxes
About East End
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Listed by: Sean Ryan, Coast Realty Solutions, Inc.
Last Updated: 5 months ago
Data Source: CRMLS, MLS# PW20088448
Last Updated: 5 months ago
Data Source: CRMLS, MLS# PW20088448
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