$805,000
●
House -
Off Market
3935 Walnut Avenue
Long Beach, CA 90807
3 Beds
3 Baths
2,058 Ft²
$1,226,309
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model
About This Property
A beautiful and well cared for home that exudes pride of ownership.
The current owners have recently thoroughly remodeled this home to
a very high level. The living room is spacious retaining its
original warm toned hardwood floors and has a large floor to
ceiling bay window. The kitchen has been opened up to the dining
area for open concept living. The kitchen features classic white
cabinetry with white quartz counter tops. In addition to the 3
bedrooms, there is a den with a fireplace that is currently being
used as a 4th bedroom. The master suite has a huge walk-in closet
and luxurious walk-in shower. Both other bathrooms have been
remodeled, one containing the indoor laundry facilities. A long
driveway can accommodate several cars. The garage area is gated to
accommodate additional vehicles or can be used as an entertaining
area. The rear yard has a wide expanse of lawn for afternoon fun
and recreation.
Unit Size
2,058 Ft²
Days on Market
86 days
Land Size
0.14 acres
Price per sqft
$393
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1946
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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: 5 months ago (CRMLS #PW18064754)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 15, 2018 | Sold | ||
| Sold | |||
| Mar 21, 2018 | Listed by Re/Max R. E. Specialists | $809,000 | |
| Listed by Re/Max R. E. Specialists | |||
Property Highlights
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 Bixby Knolls
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Lewis Ebersole, Re/Max R. E. Specialists
Last Updated: 5 months ago
Data Source: CRMLS, MLS# PW18064754
Last Updated: 5 months ago
Data Source: CRMLS, MLS# PW18064754
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