$1,762,500
●
House -
Off Market
5700 Spinnaker Bay Drive
Long Beach, CA 90803
3 Beds
2 Baths,
1
Half Bath
2,701 Ft²
$2,559,412
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model
About This Property
Wonderful Marine Stadium view home with a pool & spa in the highly
desirable community of Spinnaker Bay. This 3 bedroom, 2.5
bath home has a bright, open & spacious floor plan, kitchen with
breakfast area, family room with fireplace, formal dining area,
upstairs office area with built-ins and bonus area off of master
suite. You will be transfixed watching the sunset from your
patio or balcony off the master suite! This property also
includes a 33' Boast Slip (BS#200).
Unit Size
2,701 Ft²
Days on Market
37 days
Land Size
0.12 acres
Price per sqft
$666
Property Type
House
Property Taxes
-
HOA Dues
$390
Year Built
1990
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 4 months ago (CRMLS #PW20040094)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 29, 2022 | No longer available | - | |
| No longer available | |||
| Aug 1, 2022 | Listed by Coldwell Banker Coastal Alliance | $2,940,000 | |
| Listed by Coldwell Banker Coastal Alliance | |||
| | |||
|
Wonderful Marine Stadium view home with a pool & spa in the highly desirable community of Spinnaker Bay. This 3 bedroom, 2.5 bath home has a bright, open & spacious floor plan, kitchen with breakfast area, family room with fireplace, formal dining area, upstairs office area with built-ins and bonus area off of master suite. You will be transfixed watching the sunset from your patio or balcony off the master suite! This property also includes a 33' Boast Slip (BS#200). The manager has listed the unit size as 2701 square feet.
| |||
| Apr 1, 2020 | Sold | ||
| Sold | |||
| Feb 24, 2020 | Listed by Coldwell Banker Coastal Alliance | $1,800,000 | |
| Listed by Coldwell Banker Coastal Alliance | |||
Property Highlights
Garage
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About SEADIP
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Listed by: Jack Irvin, Coldwell Banker Coastal Alliance
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW20040094
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW20040094
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