5537 Strand #105
About This Property
The manager has listed the unit size as 2123 square feet.
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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 |
|---|---|---|---|
| Sep 17, 2019 | Sold | ||
| Sold | |||
| Aug 11, 2019 | No longer available | - | |
| No longer available | |||
| Aug 9, 2019 | Listed | $1,122,000 | |
| Listed | |||
| | |||
|
LIGHT FILLED AND SPACIOUS 3 BD SOUTH BAY TOWNHOME in 360 South Bay! This spectacular South-facing townhome, features just over 2,000 of living space and offers a flexible floor plan boasting three bedrooms and three full baths. As you walk into the main living area, you are greeted by a soaring, light-filled, open living space with two-story windows and treetop views. Walk out onto a fabulous balcony from the living room, to lounge with friends, enjoy a glass of wine and grill your favorite dinner. The kitchen is open to the living room and showcases spotless KitchenAid stainless steel appliances, tumbled stone backsplash, an impressive custom island with contrasting grey base and Titanium patterned hand-picked granite countertops. The master bedroom’s 9ft ceilings, large master closet with organization and huge soaking tub are just a few perks of this well-designed home. 360 South Bay is a gated community spanning 40 acres, West of the 405 and offers incredible lifestyle and captures a true neighborhood vibe! Enjoy resident privileges in this well-managed resort-inspired community: two magnificent pools, spa, pool area with cabanas, BBQ area, three WiFi enabled community rooms, a well-maintained and updated fitness center, sports court, dog parks, green space and more. 360 South Bay is located in the distinguished Wiseburn School District and home to the newly constructed Wiseburn High School. Easy access to Manhattan Beach, Playa Vista, El Segundo and Silicon Beach.
| |||
| Jul 21, 2019 | Price Decreased |
$1,129,000
↓ $6K
(0.5%) | |
| Price Decreased | |||
| Mar 29, 2019 | Listed | $1,135,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/21/2020
|
2 Bed
|
3 Bath
|
1714 ft²
|
$875,000
2 Bed
3 Bath
1714 ft²
|
-
-
|
-
| |
|
03/29/2019
|
3 Bed
|
3 Bath
|
2123 ft²
|
$1,135,000
3 Bed
3 Bath
2123 ft²
|
-
-
|
-
| |
|
11/07/2018
|
3 Bed
|
3 Bath
|
2123 ft²
|
$1,125,000
3 Bed
3 Bath
2123 ft²
|
$1,125,000
02/08/2019
|
Holly Danna
Douglas Elliman of California, Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017