520 ALTAIR Place
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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 |
|---|---|---|---|
| Oct 17, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 28, 2024 | In contract | - | |
| In contract | |||
| Jul 19, 2024 | Listed by Redfin | $2,295,000 | |
| Listed by Redfin | |||
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Discover this enchanting California bungalow nestled in the heart of Venice, updated for modern sensibilities, brimming with character and timeless appeal. This charming 2-bedroom, 2-bathroom main house welcomes you with a cozy front porch, perfect for sipping morning coffee or enjoying evening sunsets. Step inside to find beautiful hardwood floors and an abundance of natural light throughout. The chef's kitchen is a culinary delight, featuring new top-of-the-line appliances and recessed lighting. The bathrooms are elegantly designed, with one offering a shower and a separate bathtub for ultimate relaxation. In addition to the main house, a detached 1-bedroom, 1-bathroom guesthouse with kitchen presents excellent income potential or a private retreat for guests. The property includes a gated driveway with a new electric gate, ensuring privacy and security. The private, fenced-in backyard is a true oasis with lush landscaping, a hammock, a deck, and a BBQ area, perfect for outdoor entertaining and relaxation. Modern conveniences are not forgotten, with a Vivint security system, cameras, and keyless entry providing peace of mind. This famous home has been featured on the TV series "Flaked" and the movie "Once Upon a Time in Venice," adding a touch of Hollywood allure. Ideally located just one block from the trendy shops and restaurants on Abbot Kinney, and a few blocks from the beach, Rose Avenue, and Main Street, this Venice retreat offers the best of coastal living. Don't miss the opportunity to own a piece of Venice history and enjoy a lifestyle of charm and convenience. Schedule your private tour today!
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| Sep 3, 2019 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017