1 Ritz Cove Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 3, 2018 | Sold | ||
| Sold | |||
| Nov 14, 2017 | Listed by Harcourts Prime Properties | $14,000,000 | |
| Listed by Harcourts Prime Properties | |||
| Jul 29, 2017 | Listed | $16,000,000 | |
| Listed | |||
| | |||
|
Reminiscent of classic villas along the Mediterranean Riviera, this stunning oceanfront home offers a luxurious seaside living experience enhanced with every modern convenience. Gracing a premium oceanfront site in the exclusive enclave of Ritz Cove, this stylish palazzo impresses with classic Renaissance-inspired architecture redefined with contemporary accents. Craftsmanship and layers of fine materials are articulated throughout and include Beaumaniere Limestone, Venetian plaster, hand-forged wrought iron and limestone staircase, hand carved columns and fireplaces, gourmet kitchen, custom cabinetry, exotic stone and lighting throughout. Floor-to-ceiling walls of glass open to the ocean, infinity-edge pool and entertaining terrace with coastline and forever ocean views. Luxurious master suite plus four en suite guest rooms, executive office, home theater, temperature-controlled wine cellar with pavers from an ancient French monastery, and for the automobile enthusiast - garaging for six including a car elevator. Enjoy resort-style living with direct steps to the beach and walking paths leading to adjacent Ritz Carlton Hotel and Monarch Links Golf course. This home and its coveted guard-gated community define gracious living along the Gold Coast. Please call Listing Agent, John Stanaland (949)689-9047 for additional information. The manager has listed the unit size as 7543 square feet.
| |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017