$930,000
●
House -
Off Market
7224 E Killdee Street
Long Beach, CA 90808
3 Beds
1 Bath
1,625 Ft²
$1,316,541
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model
About This Property
Extra space is a luxury in the Ranchos Estates, and this modified
Cliff May designed ranch home delivers 1,625 square feet of living
area, a 6,100 square foot lot, and a terrific interior location
within a sought-after neighborhood. This residence features three
bedrooms, two bathrooms (including an expanded master bathroom), a
large island kitchen that is open to the family room/dining room,
and a spacious separate living room. Original features include open
beam, tongue and groove ceilings in the bedrooms, bathrooms and
living room, clerestory windows, and Cliff May designed floor to
ceiling windows. Upgrades include air conditioning, solar
electrical, a tankless water heater, and skylights in the kitchen,
living room and master bathroom. The yard is an oasis, complete
with sparkling pool, multiple decks for lounging and relaxation,
citrus trees and a calming pond with waterfall. This is all set
within one of Southern California's hippest and most celebrated
neighborhoods, the Rancho Estates, adjacent to 800 acre El Dorado
Park and Nature Preserve and bike path to the beach. Virtual tour
link: https://bit.ly/2xFvLtb
Unit Size
1,625 Ft²
Days on Market
42 days
Land Size
0.14 acres
Price per sqft
$578
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1953
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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 #PW20084994)
Price History
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Available
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About East End
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Listed by: Douglas Kramer, Re/Max R. E. Specialists
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW20084994
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW20084994
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