1064 PALMS Boulevard
About This Property
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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 |
|---|---|---|---|
| May 17, 2023 | No longer available | - | |
| No longer available | |||
| Mar 16, 2023 | Listed by Compass | $3,625,000 | |
| Listed by Compass | |||
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This beautiful California Coastal 2019-built home on a wide boulevard in the heart of Venice features stylishly sophisticated touches throughout. The dramatic first floor, with high ceilings and warm oak floors, offers a wide-open floor plan with a seamless flow. Cuddle up for movie night in the fireplace-warmed living room, throw a dinner party for 12 in the elegant dining room, and really get the party started in the expansive kitchen with an entertainer's center island, Wolf and Viking appliances, and a walk-in pantry. Fold back the accordion-glass doors as the party spills outside to the big back deck and huge grassy lawn, framed by mature hedging and a trio of graceful palm trees just screaming for a hammock. Upstairs, all four light-filled bedrooms are complemented by their own en-suite baths, and where in the primary, the French doors open onto a private balcony overlooking the entire back garden. Elegant, tasteful, and designed with Southern California living in mind. Close to restaurants (Superba Food + Bread, Zinque, The Penmar), shopping (General Store, Salt), and all that Abbot Kinney and the Rose Corridor have to offer, and less than a mile to the beach. The manager has listed the unit size as 3252 square feet.
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| Dec 17, 2022 | No longer available | - | |
| No longer available | |||
| Jul 8, 2022 | Listed by Compass | $3,800,000 | |
| Listed by Compass | |||
| | |||
|
This beautiful California Coastal 2019 built home on a wide boulevard in the heart of Venice features stylishly sophisticated touches throughout. The dramatic first floor, with high ceilings and warm oak floors, offers a wide open floor plan with a seamless flow. Cuddle up for movie night in the fireplace-warmed living room, throw a dinner party for 12 in the elegant dining room, and really get the party started in the expansive kitchen with an entertainer's center island, Wolf and Viking appliances and walk-in pantry. Fold back the accordion-glass doors as the party spills outside to the big back deck and huge grassy lawn, framed by mature hedging and a trio of graceful palm trees just screaming for a hammock. Upstairs, all four light-filled bedrooms are complemented by their own en-suite baths, and where in the primary, the French doors open onto a private balcony overlooking the entire back garden. Elegant, tasteful and designed with Southern California living in mind. Close to restaurants (Superba Food + Bread, Zinqu, The Penmar), shopping (General Store, Salt) and all that Abbot Kinney and the Rose Corridor have to offer, and less than a mile to the beach. The manager has listed the unit size as 3252 square feet.
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| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017