4500 E 4th Street
About This Property
As you step inside, you'll be greeted by an abundance of natural light that accentuates the spacious living area, perfect for both relaxation and entertaining. The two bedrooms are generously sized, offering ample closet space and comfort. The bathroom is conveniently located and features modern fixtures.
The kitchen is a highlight of this home, equipped with plenty of cabinet space and countertops ideal for meal preparation. Just off the kitchen, you'll find a cozy dining area perfect for intimate dinners or morning coffee.
Outside, the property offers a private yard or simply enjoying the California sunshine. This home also features a driveway for convenient off-street parking.
Located in the vibrant Belmont Heights neighborhood, you'll be just a short stroll away from the beach, trendy cafes, shopping, and parks. With no HOA fees, this property provides the perfect blend of convenience, charm, and affordability.
Don't miss out on this opportunity to own a piece of Long Beach's sought-after real estate. Schedule a viewing today and make this delightful house your new home!
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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 30, 2024 | Sold | ||
| Sold | |||
| Aug 8, 2024 | In contract | - | |
| In contract | |||
| May 2, 2024 | Listed by RE/MAX TerraSol | $920,000 | |
| Listed by RE/MAX TerraSol | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017