1096 Madison Place
About This Property
The main level features an open and airy layout with a sunlit living room, dining area, and upgraded kitchen, all flowing effortlessly onto spacious wraparound decks. These outdoor spaces provide the perfect backdrop for entertaining or unwinding while enjoying tranquil canyon views and delightful peekaboo ocean vistas.
The lower level presents a generous bonus room complete with a cozy fireplace, a full bathroom, and a convenient laundry area, creating endless possibilities for a media room, home office, guest suite, or creative studio. The primary suite offers a peaceful private retreat and includes its own secluded deck that looks out to the surrounding natural beauty.
Sitting on a 6,880 square foot lot, this home offers exceptional privacy while remaining close to Laguna Beach's vibrant village, beautiful beaches, and renowned restaurants. It is the perfect opportunity to enjoy the ideal blend of comfort, style, and coastal living.
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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 28, 2026 | Sold | ||
| Sold | |||
| Jan 16, 2026 | In contract | - | |
| In contract | |||
| Nov 21, 2025 | Listed by RE/MAX Fine Homes | $2,175,000 | |
| Listed by RE/MAX Fine Homes | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017