440 Ximeno Avenue
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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 |
|---|---|---|---|
| Apr 4, 2019 | Sold | ||
| Sold | |||
| Mar 28, 2019 | No longer available | - | |
| No longer available | |||
| Feb 7, 2019 | Listed by Keller Williams - Long Beach Pacific Estates | $620,000 | |
| Listed by Keller Williams - Long Beach Pacific Estates | |||
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440 Ximeno is a charismatic and delightful one bedroom Spanish-style home right in the heart of Long Beach culture -- from the stucco exterior and flowing front landscaping to the private backyard and patio area. This home offers everything you need all while being a short distance from your favorite coffee shops, restaurants, the Colorado Lagoon and Belmont Shore. The recent updates for 440 Ximeno include a new sprinkler system, new light fixtures and interior paint, and a completely remodeled kitchen and laundry area. Rich hardwood floors run throughout the living space, and the ample, oversized windows in the living and dining room create a sense of openness and brighten the space with natural sunlight. The brick fireplace and built-in the living room adds character to the space. The completely remodeled kitchen is a unique blend of trendy and rustic -- the new tile floors are a polished contrast to the light gray cabinets, quartz counters, and brand new stainless steel appliances. The attached laundry area was also recently updated and offers ample cabinet and counter space. The bedroom is roomy and airy, with multiple windows, hardwood floors, and generous closet space. The backyard is quiet and secluded, with access to the one car garage, great for relaxing with morning coffee, barbecuing or a place for your four-legged friend to roam. The manager has listed the unit size as 752 square feet.
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| Jan 21, 2019 | Listed by Keller Williams Pacific Estate | $599,000 | |
| Listed by Keller Williams Pacific Estate | |||
| Sep 5, 2017 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017