735 Cedar Avenue #4
About This Property
The manager has listed the unit size as 428 square feet.
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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 |
|---|---|---|---|
| Jan 20, 2022 | No longer available | - | |
| No longer available | |||
| Dec 29, 2021 | In contract | - | |
| In contract | |||
| Dec 14, 2021 | Listed | $259,000 | |
| Listed | |||
| Aug 31, 2017 | Sold | ||
| Sold | |||
| Jun 26, 2017 | Listed | $169,000 | |
| Listed | |||
| | |||
|
Large studio with beautiful windows, full of light is ready for move in. The unit was remodeled with new windows in the kitchen and the bathroom, a new bathroom and kitchen both with granite counters, a full size gas range and a brand full size refrigerator with water/ice connection. Wood floors and laminated floors. Ceiling fan. Lots of storage, a large closet in the hallway leading to the bathroom and a walk-in closet off the living. New paint throughout. No common walls. Great location in the complex with quick access to the unit on the 2nd floor. Professionally landscaped. Close to all the activities and the lifestyle of downtown Long Beach.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/23/2025
|
1 Bed
|
1 Bath
|
603 ft²
|
$339,000
1 Bed
1 Bath
603 ft²
|
$279,900
-17.43%
09/19/2025
|
David Haas
Pro Realty
| |
|
06/06/2024
|
1 Bed
|
1 Bath
|
590 ft²
|
$375,000
1 Bed
1 Bath
590 ft²
|
-
-
|
Nohemi Ramirez
Keller Williams Beach Cities
| |
|
05/08/2024
|
1 Bed
|
1 Bath
|
605 ft²
|
$350,000
1 Bed
1 Bath
605 ft²
|
-
-
|
Jack Tanner
Beach Cities Properties, Inc.
| |
|
12/14/2021
|
Studio
|
1 Bath
|
428 ft²
|
$259,000
Studio
1 Bath
428 ft²
|
$270,000
+4.25%
01/19/2022
|
Wendy Rich-Soto
Keller Williams Realty
| |
|
02/11/2021
|
1 Bed
|
1 Bath
|
590 ft²
|
$299,000
1 Bed
1 Bath
590 ft²
|
$289,000
-3.34%
05/03/2021
|
Jennifer Okhovat
| |
|
07/29/2017
| |
Studio
|
1 Bath
|
428 ft²
|
-
Studio
1 Bath
428 ft²
|
-
-
|
-
|
|
06/26/2017
|
Studio
|
1 Bath
|
428 ft²
|
$169,000
Studio
1 Bath
428 ft²
|
$169,000
08/31/2017
|
Christine Beaur-Mortezaie
Coldwell Banker Coastal Alliance
| |
|
05/10/2016
|
1 Bed
|
1 Bath
|
603 ft²
|
$159,000
1 Bed
1 Bath
603 ft²
|
$160,000
+0.63%
08/29/2016
|
Kevin Messiha
Intero Real Estate Services
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017