34 58th Place
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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 6, 2019 | Sold | ||
| Sold | |||
| Jun 5, 2019 | Listed by First Team Real Estate | $1,244,000 | |
| Listed by First Team Real Estate | |||
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Mid-Century Modern meets Beach Cottage in this incredibly cool 2 bedroom 2 bath Bayside Peninsula abode nestled between idyllic Alamitos Bay & the picturesque Pacific Ocean in the hub of Long Beach’s favorite beach oriented community. Designed by highly regarded Mid-Century architect Francis J. Heusel, this divine residence offers abundant natural light throughout a wonderful open floor plan featuring a sleek, upgraded kitchen with luxury appliances; comfortable living room with warm & inviting fireplace, & the dining area surrounded by a wall of glass leading to a private, courtyard patio. One bed & remodeled bath are located on the main floor with the palatial master suite –large enough to potentially add a 3rd bedroom or office--gracing the entire 2nd level. Enjoy unique shopping & dining in trendy Belmont Shore, sunset strolls along the boardwalk, paddle boarding, wind surfing or simply sunbathing on this coveted stretch Southern’ California’s best kept secret!
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| Oct 27, 2017 | Sold | ||
| Sold | |||
| Sep 2, 2017 | Listed | $1,275,000 | |
| Listed | |||
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Hidden away on the exclusive Long Beach Peninsula is this gem of a design, situated between the open Pacific Ocean and the pristine Alamitos Bay. This fabulous 2 bed, 2 bath, 1,539 sq.ft. home was designed by Francis Heusel and is just steps to one of the most unique and relaxing beaches that Southern California has to offer. Alamitos Bay lends itself to sunning, swimming, sailing, paddle boarding, kayaking and all the aquatic activities one could desire. Don’t let this beachy Palm Springs exterior fool you, inside she is all Mid-Century Modern to the core with a wide open floor plan, tons of natural light, and a utilitarian flavor that collectors crave. This entertainer’s dream home features a nice patio with warm morning sun, gourmet kitchen with top of the line, never been used, stainless steel appliances, 2 skylights and a cozy fireplace. Some other upgrades to the property are a new water heater, security system, new garage door and front drainage line out to the street. The main floor bedroom features vaulted ceilings, clerestory windows, Alpha built-ins for the closet, and a bay view. Upstairs is a spacious and luxurious master suite with enough room for a 3rd bedroom or separate office. One car attached garage with laundry hook ups and room for storage. The manager has listed the unit size as 1539 square feet.
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| Aug 12, 2017 | Listed by Nationwide Real Estate Execs | $1,275,000 | |
| Listed by Nationwide Real Estate Execs | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017