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6962 Gale
About This Property
Inside, the living room is anchored by a cozy fireplace and flows naturally into the rest of the home, creating a welcoming space for everyday living. The kitchen is conveniently positioned with a nearby laundry area, and the washer and dryer are included, adding to the home's everyday functionality. Central air conditioning provides year-round comfort.
The expansive backyard provides plenty of space for outdoor enjoyment, entertaining, or future possibilities, while the detached garage-set behind the home-offers additional flexibility. A long driveway with room for RV parking adds to the property's versatility.
Whether you're looking to settle in and make gradual improvements or envision a more extensive reimagining, this home presents a convenient Long Beach location close to shopping, dining, and easy freeway access.
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 29, 2026 | Sold | ||
| Sold | |||
| May 8, 2026 | In contract | - | |
| In contract | |||
| May 5, 2026 | Relisted | $699,000 | |
| Relisted | |||
| Apr 26, 2026 | In contract | - | |
| In contract | |||
| Apr 15, 2026 | Listed by Compass | $699,000 | |
| Listed by Compass | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017