324 Pomona Avenue
About This Property
The first level has two bedrooms (one used as a media room which can be converted to a bedroom) and a full bath. A home office is at the top of the stairs and just down the hallway the master bedroom with sliding glass doors opening to the large private garden patio, a perfect spot to view the evening sunset & relax in the hot tub. The ensuite bath has double sinks, walk-in shower and an oversized walk-in closet.
A oversized 3-car garage with a high ceiling will accommodate a truck, van or boat (launch ramp down the street).
Walk down the tree line street to Alamitos Bay and Marine Stadium to enjoy the ever present beach activities, concerts and Farmer's Markets. A short stroll finds you on Belmont Shore's Second Street with its specialty shops, salons, coffee bars, casual and fine dining. Located in one of the most desirable Southern California beach neighborhoods - this is not just a home, it is a 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 |
|---|---|---|---|
| Dec 15, 2017 | Sold | ||
| Sold | |||
| Jul 29, 2017 | Listed | $1,285,000 | |
| Listed | |||
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Upgrade with no expense spared spacious(close to 2000 sq. ft.) home located in Belmont Park one the most desirable beach neighborhoods in Southern California. This is a 10+ and must be seem to be appreciated. Recently remodeled state of the arts chefs dream kitchen w/attached charming patio for outdoor dining and barbecuing. Easy care gleaming hardwood floors. Living room w/romantic fireplace and large bay window for great light. Spacious master bedroom with French doors leading to a large private deck to bring in the soothing ocean breezes. Rare oversized three car garage to accommodate an RV. Convenient first floor bedroom. Walk to beautiful Alamitos Bay and Marine Stadium to enjoy the water activities and sandy beach. A home of this caliber seldom comes on the market in Belmont Park/ Belmont Shore. The manager has listed the unit size as 1980 square feet.
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| Jun 10, 2017 | Listed by Re/Max R. E. Specialists | $1,285,000 | |
| Listed by Re/Max R. E. Specialists | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017