5547 Strand #104
About This Property
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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%.
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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.
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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 18, 2018 | No longer available | - | |
| No longer available | |||
| Sep 13, 2018 | Sold | ||
| Sold | |||
| Aug 23, 2018 | Listed | $815,000 | |
| Listed | |||
| | |||
|
Wonderful opportunity to own a beautiful 2 bedroom 2.5 bathroom town home located in a quiet corner of the highly desirable 360 Community. Secluded by trees in the front and open in the back, this home feels like a private sanctuary. Sit back and relax in the open plan living and dining room and enjoy the trees through the cathedral windows. Light and bright, this energy efficient home features wood floors, high ceilings, recessed lighting and dual pane windows throughout. Adjoining kitchen offers granite counters, stainless steel appliances and breakfast bar. Upstairs you'll find a spacious and sunny master suite, second bedroom with bathroom and a separate laundry closet. Direct access garage with two tandem spaces, and plenty of storage complete this lovely home. Enjoy all the comforts of this prestigious gated community with pool, spa, playground, sport court, gym, barbecue area and community rooms and the benefits of the Wiseburn School District. All this within easy access to major employment centers, shops, theaters, 405 and 105 freeways and just minutes from the beach. Ready to move in and make it yours! The manager has listed the unit size as 1554 square feet.
| |||
| Jul 13, 2018 | Listed by Redfin Corporation | $815,000 | |
| Listed by Redfin Corporation | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/01/2025
|
2 Bed
|
3 Bath
|
1680 ft²
|
$1,179,000
2 Bed
3 Bath
1680 ft²
|
$1,170,000
-0.76%
01/20/2026
|
Matthew Barry
eXp Realty of California Inc
| |
|
07/13/2018
|
2 Bed
|
2 Bath
|
1554 ft²
|
$815,000
2 Bed
2 Bath
1554 ft²
|
$820,000
+0.61%
09/13/2018
|
Debbie Martin
Engel & Volkers LA South Bay
| |
|
06/11/2018
| |
2 Bed
|
3 Bath
|
1714 ft²
|
-
2 Bed
3 Bath
1714 ft²
|
-
-
|
-
|
|
05/20/2018
|
2 Bed
|
2 Bath
|
1714 ft²
|
$839,000
2 Bed
2 Bath
1714 ft²
|
$868,686
+3.54%
07/06/2018
|
Tamara Humphrey
Palm Realty Boutique, Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017