816 Loma Avenue
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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 |
|---|---|---|---|
| Sep 18, 2018 | No longer available | - | |
| No longer available | |||
| Sep 14, 2018 | Sold | ||
| Sold | |||
| Aug 21, 2018 | Listed | $740,000 | |
| Listed | |||
| | |||
|
Classic Americana beauty with plenty of space and a plethora of updates - this charming three bedroom home is a true Long Beach gem. The allure of 816 Loma begins with the tailored front yard landscaping with its drip sprinkler system. Updates to this lovely home include newer roof, new exterior paint, newer plantation shutters, and a recently retrofitted foundation. Rich hardwood floors add an elegant touch, and the various windows allow tons of natural light to brighten the space. The dining area flows into an amazing kitchen with ample pristine wood cabinets, tons of storage space, striking granite counters, and stainless steel appliances. The rustic tile floor extends into the living room that features a hearty gas and wood burning fireplace. Direct access to the spectacular backyard with its expansive wood deck and plush grass area makes this home ideal for entertaining guests. The spacious upstairs master bedroom is fit for a king, with enough space for a king-size bed and then some. This impressive room also features a large walk-in closet and a private balcony with room for a jacuzzi and sitting area. The recently renovated master bathroom includes dual vanities and a glass-in shower/bath. This home is equipped with central air-conditioning and heat for maximum comfort. The 4-car driveway leads to a detached, single garage which makes a superb workshop or extra storage space. The manager has listed the unit size as 1598 square feet.
| |||
| Aug 9, 2018 | Listed | $740,000 | |
| Listed | |||
| | |||
|
Classic Americana beauty with plenty of space and a plethora of updates - this charming three bedroom home is a true Long Beach gem. The allure of 816 Loma begins with the tailored front yard landscaping with its drip sprinkler system. Updates to this lovely home include newer roof, new exterior paint, newer plantation shutters, and a recently retrofitted foundation. Rich hardwood floors add an elegant touch, and the various windows allow tons of natural light to brighten the space. The dining area flows into an amazing kitchen with ample pristine wood cabinets, tons of storage space, striking granite counters, and stainless steel appliances. The rustic tile floor extends into the living room that features a hearty gas and wood burning fireplace. Direct access to the spectacular backyard with its expansive wood deck and plush grass area makes this home ideal for entertaining guests. The spacious upstairs master bedroom is fit for a king, with enough space for a king-size bed and then some. This impressive room also features a large walk-in closet and a private balcony with room for a jacuzzi and sitting area. The recently renovated master bathroom includes dual vanities and a glass-in shower/bath. This home is equipped with central air-conditioning and heat for maximum comfort. The 4-car driveway leads to a detached, single garage which makes a superb workshop or extra storage space. The manager has listed the unit size as 1598 square feet.
| |||
| Jan 23, 2018 | Listed by Keller Williams Pacific Estate | $740,000 | |
| Listed by Keller Williams Pacific Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017