432 Opal Cove Way
About This Property
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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 |
|---|---|---|---|
| Jan 2, 2025 | Sold | ||
| Sold | |||
| Nov 28, 2024 | In contract | - | |
| In contract | |||
| Nov 12, 2024 | Listed by Seven Gables Real Estate | $1,899,000 | |
| Listed by Seven Gables Real Estate | |||
| Jul 31, 2024 | Sold | ||
| Sold | |||
| Jul 11, 2024 | Listed by Beach Equities | $999,000 | |
| Listed by Beach Equities | |||
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Discover an incredible opportunity to own a prime location property in the sought-after community of Seal Beach. Located on a substantial corner lot, 432 Opal Cove offers 3 bedrooms and 2 bathrooms, making it the perfect canvas for your new home in the award-winning Los Alamitos School District. The expansive corner lot enhances the property's appeal, offering plenty of room for Southern California’s indoor-outdoor living. Imagine transforming the outdoor space into your own private oasis or redesigning the interior to suit your modern tastes. Seal Beach is renowned for its friendly community atmosphere and convenient access to a variety of local amenities including Old Town, Main St, Pier, and plenty of shopping, dining, and of course - the beach! Enjoy the coastal lifestyle with nearby parks, bike paths, along with easy freeway access. This property’s location also places you within reach of excellent schools and a short distance from the beautiful Seal Beach Pier and coastline. This is a rare chance to acquire a home with "great bones" and exceptional potential in one of Seal Beach’s most sought-after neighborhoods. Don’t miss out on this unique opportunity! Trust Sale. As-Is.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017