110 30th Street
About This Property
Each condo features a bright and airy layout, designed to optimize comfort and functionality. Large windows invite abundant natural light, creating a warm and inviting atmosphere throughout. Roof decks and patios showcasing the ocean views. The well-equipped kitchens boast modern appliances and ample storage, perfect for culinary enthusiasts.
The units can be utilized individually for rental purposes or combined to create a spacious living environment, offering the feel of a single-family home with the added benefit of an ADU.
Positioned in a desirable location, this property provides convenient access to the best of Newport Beach, including dining, shopping, and recreational options. Whether you're drawn by the potential for income or the allure of beachside living, this property is a must-see.
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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 |
|---|---|---|---|
| Jun 17, 2025 | Sold | ||
| Sold | |||
| May 31, 2025 | In contract | - | |
| In contract | |||
| Mar 25, 2025 | Listed by Compass | $6,700,000 | |
| Listed by Compass | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017