35 Cherry Avenue #35
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 |
|---|---|---|---|
| Mar 27, 2025 | Sold | ||
| Sold | |||
| Jan 28, 2025 | Listed by Keller Williams Realty Los Feliz | $859,000 | |
| Listed by Keller Williams Realty Los Feliz | |||
| | |||
|
Welcome to Cherry Flats - Nestled in the heart of Long Beach, this light-filled, breezy condo offers timeless charm with modern conveniences. Perched overlooking Bixby Park and just steps from the Pacific Ocean, this 2-bedroom, 1.5-bathroom home invites you to enjoy the very best of coastal living. As you approach, the classic front porch welcomes you with its ocean views and park-side ambiance perfect for sipping your morning coffee or enjoying the vibrant atmosphere of the neighborhood. Inside, you'll be greeted by beautiful hardwood floors and an open-concept layout that seamlessly connects the living, dining, and kitchen spaces. Convenience is at your fingertips with in-unit laundry, a single-car garage, and an additional designated parking space. Located less than a block from the beach, this home offers direct access to Long Beach's coastal lifestyle. Enjoy weekly farmers markets and daily yoga sessions at Bixby Park, all just steps from your door. With low HOA dues and only four units in the building, this intimate community offers both affordability and exclusivity. Cherry Flats is more than a home, it's a lifestyle. Don't miss this rare opportunity to own a piece of Long Beach history in a prime location!
| |||
| Jun 18, 2018 | Sold | ||
| Sold | |||
| May 5, 2018 | Listed by Shadow Hills Real Estate | $639,000 | |
| Listed by Shadow Hills Real Estate | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/28/2025
|
2 Bed
|
2 Bath
|
1232 ft²
|
$859,000
2 Bed
2 Bath
1232 ft²
|
$850,000
-1.05%
03/27/2025
|
Michael Maloney
Keller Williams - Pasadena
| |
|
10/13/2023
|
2 Bed
|
1 Bath
|
1232 ft²
|
$729,000
2 Bed
1 Bath
1232 ft²
|
-
-
|
Becky Layton-Hartman
Real Broker
| |
|
05/29/2018
| |
2 Bed
|
2 Bath
|
1232 ft²
|
-
2 Bed
2 Bath
1232 ft²
|
-
-
|
-
|
|
05/05/2018
|
2 Bed
|
2 Bath
|
1232 ft²
|
$639,000
2 Bed
2 Bath
1232 ft²
|
$640,000
+0.16%
06/18/2018
|
William Taylor
Desert Elite Properties, Inc.
|
Building Info
About Bixby Park
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,370 /mo
- 1 Bed
- 1 Bath
- 586 ft²
$2,395 /mo
- Studio
- 1 Bath
- 492 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017