$630,000
●
House -
Off Market
3713 Ostrom Avenue
Long Beach, CA 90808
3 Beds
1 Bath
1,213 Ft²
$961,663
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model
About This Property
Purchased and remodeled in 2015 all the work is DONE! Seller opened
walls and closed some to create a home that works for how we live
today! Let's start with the curb appeal, stacked stone adds
character to the front of the house. As you enter through the
"Dutch Door" you can't help but notice the gorgeous high end
laminate floors with lots of color and pop! The kitchen was
remodeled and opened up to the living room and a breakfast bar was
added. All soft close hardware and drawers within drawers. Quartz
counters and glass upper cabinets too. The laundry was enclosed and
cabinets added all the way down for tons of storage! Everything in
the bath was replaced: the tub, the toilet the vanity and cabinets.
Beautiful tile shower surround and floors. The house has central
heat and A/C and ceiling fans in the living room and all 3
bedrooms. 2 car detached garage with built in storage and a true
entertainers backyard! Sprinklers front and back on timer to keep
the grass and landscaping lush. Start packing because this one
won't last! SPA!! Did I mention the spa?!
Unit Size
1,213 Ft²
Days on Market
35 days
Land Size
0.11 acres
Price per sqft
$494
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1953
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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 #PW17102396)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 15, 2017 | Sold | ||
| Sold | |||
| May 11, 2017 | Listed by First Team Real Estate | $599,000 | |
| Listed by First Team Real Estate | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About East End
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Listed by: Rhonda Baskins, First Team Real Estate
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW17102396
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW17102396
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