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365 Los Altos Avenue
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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%.
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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 |
|---|---|---|---|
| Oct 11, 2018 | No longer available | - | |
| No longer available | |||
| Oct 5, 2018 | Sold | ||
| Sold | |||
| Jul 16, 2018 | Listed | $1,650,000 | |
| Listed | |||
| | |||
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THIS IS THE ONE YOU WANT! In the last two years, nothing has come up for sale in the Alamitos Heights area of Long Beach with this level of style and sophistication. This newly remodeled masterpiece is fresh and contemporary, with a dose of mid-century modern flair. Every room is well thought out from the atrium and indoor lap pool, the slate and hardwood floors, the open floor plan and walls of glass, to the custom fireplace, and smart home tech features. The designer kitchen is equipped with stainless steel appliances and quartz countertops. The Master Retreat is stunning and spacious with a sitting area, private balcony and deck with views of the city. Walking distance to parks, golf, waterways, award-winning schools, and the boutique shops and restaurants of Second Street and Belmont Shores. This home is truly next-level, get in touch with us now to see it for yourself. The manager has listed the unit size as 3967 square feet.
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| Jun 26, 2018 | Listed by Keller Williams Pacific Estate | $1,650,000 | |
| Listed by Keller Williams Pacific Estate | |||
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About Alamitos Heights
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$2,420 /mo
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$6,495 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017