1106 ROSE Avenue
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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%.
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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 |
|---|---|---|---|
| Nov 9, 2017 | Sold | ||
| Sold | |||
| Sep 1, 2017 | Listed | $2,888,000 | |
| Listed | |||
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An architectural masterpiece, 1106 Rose Avenue is the perfect blend of modern and bohemian Venice Beach living. With over 3000 square feet of living space, this property boasts 4 bedrooms, 4.5 baths with a spectacular secluded backyard with a baja sectioned pool, raised spa and waterfall. In addition to a personalized piece of graffiti art. The main living area consists of a state of the art kitchen with Thermador appliances, linear fireplace encased in Carrera marble and collapsible panoramic doors. The master bedroom suite is a true respite from city living with a custom walk-in closet, marble finishes in the bathroom with a stand-alone tub, and a tranquil patio overlooking the serenity of the Venice vista. The convertible garage can be used as a two-car showcase or as a bonus room and the glass jewel-box staircase leads you upstairs with stunning views of greenery and the local golf course. The manager has listed the unit size as 3139 square feet.
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| Aug 21, 2017 | Listed by Halton Pardee and Partners, In | $2,795,000 | |
| Listed by Halton Pardee and Partners, In | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017