1
Map
$815,000
●
House -
Off Market
420 Margo Avenue
Long Beach, CA 90803
3 Beds
1 Bath,
1
Half Bath
1,534 Ft²
$1,302,747
RealtyHop Estimate
63.05%
Since May 1, 2017
National-US
Primary Model
About This Property
Spacious single story on a quiet interior lot! Out front there is a
2 car attached garage with nice long driveway for additional
parking (could fit a boat or RV.) Step up to the double door entry
and into the foyer. Laminate flooring is throughout the heavy
traffic areas of the house. The living room is quite large
and opens to the backyard for entertaining. The dining room
is open to the living room and kitchen making the home flow
perfectly. Down the hall the secondary bedrooms are larger than
most. The master is located at the rear of the house and has a
slider to the backyard as well. The home boasts dual-paned windows
and sliders & central heat and A/C. If you're not familiar with
University Park Estates come explore the neighborhood park and
great bike trails! Another desirable feature is the freeway
accessibility to the 405, 605 & 22 freeways. You can walk to CSULB
and the highly coveted Kettering Elementary is located inside the
tract. You're going to love coming home to the big backyard and
covered patio. This home is priced to sell, make an appointment to
see it today!
Unit Size
1,534 Ft²
Days on Market
61 days
Land Size
0.15 acres
Price per sqft
$521
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1960
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Cap Rate Calculator
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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 #PW17040603)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 28, 2017 | Sold | ||
| Sold | |||
| Feb 26, 2017 | Listed by First Team Real Estate | $799,000 | |
| 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 SEADIP
Similar Homes for Sale
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Listed by: Rhonda Baskins, First Team Real Estate
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW17040603
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW17040603
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