$1,677,000
●
House -
Off Market
5984 Spinnaker Bay Drive
Long Beach, CA 90803
3 Beds
3 Baths,
1
Half Bath
2,862 Ft²
$2,637,991
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model
About This Property
You will be amazed by the magnificent sunsets and water views from
this extensively upgrade home in the Regatta section of Spinnaker
Bay! It has 3
bedrooms, 3.5 bathrooms plus den (could be converted to downstairs 4th bedroom) and an office. It is the largest floor plan with over 2,800 sq. ft. of living space and stunning water views. Main floor features formal dining area, great room with fireplace, remodeled kitchen with built-in microwave, wine refrigerator, double-oven, 6-burner stove, breakfast nook and bar. It also features a large powder room and den with a fireplace. Second floor features office, three bedrooms including master suite, laundry room and 3 full bathrooms. Master bedroom was beautifully remodeled in 2017. It has wonderful water views, sitting area, custom crown molding and over-sized walk-in closet. Master bathroom has gorgeous porcelain tub, double vanities, custom painting and walk-in shower with three shower heads. Must see to appreciate all that it has to offer.
bedrooms, 3.5 bathrooms plus den (could be converted to downstairs 4th bedroom) and an office. It is the largest floor plan with over 2,800 sq. ft. of living space and stunning water views. Main floor features formal dining area, great room with fireplace, remodeled kitchen with built-in microwave, wine refrigerator, double-oven, 6-burner stove, breakfast nook and bar. It also features a large powder room and den with a fireplace. Second floor features office, three bedrooms including master suite, laundry room and 3 full bathrooms. Master bedroom was beautifully remodeled in 2017. It has wonderful water views, sitting area, custom crown molding and over-sized walk-in closet. Master bathroom has gorgeous porcelain tub, double vanities, custom painting and walk-in shower with three shower heads. Must see to appreciate all that it has to offer.
Unit Size
2,862 Ft²
Days on Market
151 days
Land Size
0.08 acres
Price per sqft
$629
Property Type
House
Property Taxes
-
HOA Dues
$245
Year Built
1999
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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 #PW19078728)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 6, 2019 | Sold | ||
| Sold | |||
| Apr 8, 2019 | Listed by Coldwell Banker Coastal Alliance | $1,799,900 | |
| 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
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About SEADIP
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Listed by: Jack Irvin, Coldwell Banker Coastal Alliance
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW19078728
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW19078728
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