420 Camino Real
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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 |
|---|---|---|---|
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jul 20, 2018 | Sold | ||
| Sold | |||
| Jun 11, 2018 | Listed | $1,199,800 | |
| Listed | |||
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Welcome to Redondo Beach! With a bright and cheerful open floor plan this 4 bedroom SFR has a large backyard with endless options for outdoor fun and a homegrown garden (mature fruit trees already in backyard!) Only 4 blocks from the beach this home peek-a-boo ocean views and city views. Real hardwood floors and ocean breeze make this home inviting and perfect for a family and entertaining. Walk-in closet, peak-a-boo ocean views, crown molding are just a few of the surprises this home has to offer. Make sure to check out bonus square footage available below the house. Door in the backyard leads to a perfect setup for adding a mother-in-law quarters, guest space, teenager bedroom, additional rental unit, or home office. Side of house has access for a private entrance. This home is move-in-ready and perfect for a starter single family home, someone looking for building and adding equity, an investment income property (previously renting for about $5000 / month), a 1031 exchange, etc. Make sure to check this one out! The manager has listed the unit size as 1637 square feet.
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| Mar 23, 2018 | Listed by Vista Sotheby’s Realty | $1,199,800 | |
| Listed by Vista Sotheby’s Realty | |||
| Jul 9, 2017 | Listed | $1,299,000 | |
| Listed | |||
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Just 4 blocks from the beach you can be in this 4 bedroom 2 bathroom home. Ocean and city views. Peek-a-boo ocean views from master bedroom. Walk-in closet The manager has listed the unit size as 1601 square feet.
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About South Redondo Beach
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Last Updated: 5 months ago
Data Source: CRMLS, MLS# SB18067111
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017