4130 Clark Avenue
About This Property
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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 |
|---|---|---|---|
| Aug 7, 2024 | Sold | ||
| Sold | |||
| Jul 2, 2024 | Listed by Vista Sotheby’s International Realty | $1,100,000 | |
| Listed by Vista Sotheby’s International Realty | |||
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Welcome to this beautifully updated and charming single-story home nestled in the heart of Long Beach. Located in Lakewood Village next to Long Beach City College (LBC), this residence masterfully combines modern amenities with classic touches, featuring 4 spacious bedrooms and a layout that successfully captures true indoor/outdoor living. Inside, you’ll find a bright living room with anchored by a cozy fireplace while a custom-built, wall-to-wall window seat/bench with cabinets and bookshelves offers ample storage and a cozy nook to relax. The updated kitchen boasts stainless steel appliances, granite countertops, plenty of cabinet space and a peninsula with a cooktop and barstool seating. Powered by solar panels, the home includes four spacious bedrooms, including a large primary suite that overlooks the backyard and perfect for enjoying Southern California's delightful summer breeze. The updated bathrooms feature contemporary fixtures, with the en-suite bath offering new tile flooring, recessed lighting, double vanity and a shiplap accent wall. The property boasts a finished detached two-car garage, recently renovated with durable epoxy flooring, drywall, a new bi-folding rear window, built-in cabinets and butcher block countertops. The garage acts as a bonus room making it highly functional for a variety of uses. The exterior is a private retreat designed for entertainment and relaxation. It includes a large grassy area, multiple fruit trees and a deck perfect for enjoying the balmy southern California weather. Situated in the exclusive Lakewood Village, this home is set on a huge 7,800 sq ft lot. The neighborhood is highly desirable, with excellent schools, parks, and convenient access to shopping, dining, and entertainment. Just a few blocks from Long Beach’s LBX Hangar and the growing aerospace industry, this location offers suburban tranquility with urban convenience. Easy access to major freeways makes commuting a breeze.
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| Aug 30, 2017 | Sold | ||
| Sold | |||
| Jul 17, 2017 | Listed by Nationwide Real Estate Execs | $670,000 | |
| Listed by Nationwide Real Estate Execs | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017