$626,000
●
House -
Off Market
3151 Heather Road
Long Beach, CA 90808
2 Beds
1 Bath
850 Ft²
$916,116
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model
About This Property
Welcome Home to the most adorable Two Bedroom, rarely on the market
home in East Long Beach's highly sought after South of Conant
neighborhood. Living Room featuring recessed lighting,
fireplace and is completely open to Dining Area and Kitchen.
Remodeled kitchen, Quartz Countertops, Custom Cabinets,
Countertop/Bar area, and tons of cabinet space. Bathroom is
remodeled with Custom Cabinets, Tile Floors, Quartz Countertops and
huge Sunken Tub!!! Central A/C and Heat, Dual Paned Windows. Huge
rear yard perfect for entertaining with covered patio, detached
garage and built-in jacuzzi!! Two Car detached garage is an
entertainers dream, finished and even has a ductless air
conditioning unit. Located within the highly sought after Carver
Elementary School area, close to Wardlow Park, and close proximity
to the new Long Beach Exchange.
Unit Size
850 Ft²
Days on Market
51 days
Land Size
0.13 acres
Price per sqft
$735
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: 4 months ago (CRMLS #PW19155297)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 30, 2019 | Sold | ||
| Sold | |||
| Jun 23, 2019 | Listed by The Betts Realty Group, Inc. | $624,800 | |
| Listed by The Betts Realty Group, Inc. | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
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Sold On
Sold On
HOA + Taxes
About East End
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Listed by: Barbara Betts, The Betts Realty Group, Inc.
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW19155297
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW19155297
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