709 Larsson Street
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.
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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Aug 29, 2020 | In contract | - | |
| In contract | |||
| Aug 19, 2020 | Listed | $3,099,000 | |
| Listed | |||
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This stunning 4 bedroom, 4 bath, Coastal Cape Cod home in the coveted Hill Section of Manhattan Beach was custom built at the end of 2014 and designed by well-known local architect Mark Trotter. The front Dutch door opens to a sitting room with a marble fireplace, high ceilings and fresh paint throughout. The custom kitchen features a Thermador range and Sub Zero fridge with concrete countertops. The kitchen and living area lead to a secluded backyard and Saltwater pool with a waterfall, hot tub and built-in BBQ entertaining area with wireless speakers. The bright west-facing master bedroom overlooks the backyard and features a large walk-in closet with built-in shelves and an island. The master bath includes a walk-in rain shower and a jet spa tub. The home also has a two-car garage and large driveway with ample parking. Security features include a 4-camera & Ring system. This home is solar powered and energy efficient. Walking distance to the beach and downtown shops and restaurants, in the highly decorated Robinson school district. The manager has listed the unit size as 3401 square feet.
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| Dec 4, 2019 | Sold | ||
| Sold | |||
| Oct 16, 2019 | Listed by Vista Sotheby’s Realty | $2,999,000 | |
| Listed by Vista Sotheby’s Realty | |||
Property Highlights
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About Hill Section
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017