$515,000
●
House -
Off Market
6940 Butler Avenue
Long Beach, CA 90805
3 Beds
2 Baths
1,207 Ft²
$735,445
RealtyHop Estimate
47.09%
Since May 1, 2019
CA-Los Angeles
Primary Model
About This Property
Remodeled and ready to move in! Don't miss out on the opportunity
to own this adorable, remodeled Long Beach home on an over 6,500
sq. foot lot. This 3 bedroom, 2 bath home features an open floor
plan with plenty of living space and room to grow! Enjoy the
bright, updated kitchen featuring new cabinets, quartz countertops,
a stainless backsplash, a farm sink, and breakfast bar. Adjacent to
the kitchen is the laundry room, and direct access to the enormous
back yard, perfect for a BBQ, pool, or lounge furniture! The master
en-suite features double sinks, gorgeous tile work and state of the
art LED double vanity mirrors. The additional full bath has been
updated completely with a new tub, tile, mirror, vanity, and
toilet. Other features of this charming home include ceiling fans
in all rooms, a new hot water heater, new flooring, CAT 6 data
network, new windows, new blinds and LED lighting throughout, new
exterior siding, and a new electrical panel. The detached 2 car
garage offers plenty of parking, additional storage space, a new
garage door and new motor. This is a must see!
Unit Size
1,207 Ft²
Days on Market
39 days
Land Size
0.15 acres
Price per sqft
$414
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1950
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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 #SB19045834)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 9, 2019 | Sold | ||
| Sold | |||
| Mar 1, 2019 | Listed by RE/MAX Estate Properties | $499,995 | |
| Listed by RE/MAX Estate Properties | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
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Listed On
Listed On
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Sold On
HOA + Taxes
About Freeway Circle
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Listed by: Lynn Peters, RE/MAX Estate Properties
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SB19045834
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SB19045834
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