3818 Stearnlee Avenue
About This Property
There is absolutely nothing else left to do to his house except to make it your own dream home!!!
*Centrally located close to freeways, golf courses, LBCC, Long Beach Airport, the new LBX center, Ruth Bach Library, Heartwell Park, Shops and Restaurants at the Village. Convenience has a new address!
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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 |
|---|---|---|---|
| Jun 27, 2019 | Sold | ||
| Sold | |||
| May 22, 2019 | Listed by Intero Real Estate Services | $786,000 | |
| Listed by Intero Real Estate Services | |||
| Dec 21, 2018 | No longer available | - | |
| No longer available | |||
| Nov 30, 2018 | No longer available | - | |
| No longer available | |||
| Nov 12, 2018 | Listed | $552,500 | |
| Listed | |||
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YOU'VE DISCOVERED A DIAMOND IN THE ROUGH! and it's located on a PRIME, oversized, corner lot within a coveted tract of picture-book homes on tree-lined culdesacs. Just a hop, skip and jump to Heartwell Park/Library/community center, this wonderful home is CLOSE TO EVERYTHING and features 3 bedrooms, 1 bathroom, a covered front porch, covered back patio and an extra long garage. Newer roof on home and garage, Newer kitchen cabinets. RV parking possible. First time on the market in over 50 years-THIS HOME could be yours for years to come. Neighbors become friends and second family. Many never leave the neighborhood. Must see to appreciate. Bring your imagination! The manager has listed the unit size as 1024 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017