12 Corniche Drive #C
About This Property
Beyond its tasteful cosmetic enhancements, this condo offers substantial functional upgrades, including newer flooring, baseboards, paint, handles, lighting & a newer A/C unit, updated double-pane windows & sliders, & luxurious wood-style laminate flooring throughout. Laundry is located within a dedicated storage room, accessible from the patio. Your assigned carport space is just a stone's throw from the front door, & ample guest parking is available.
The community amenities are equally impressive, featuring 24-hour guarded gates, a revitalized pool, an ocean-view spa, a well-equipped gym, & an inviting clubhouse. Moreover, a scenic trail takes your through the Monarch Beach Links golf course, leading directly to Salt Creek Beach. This location is with easy access to the luxurious Waldorf Astoria Monarch Beach Resort & Ritz Carlton, and you'll find fabulous shopping centers, top-tier restaurants, & pristine beaches just moments away.
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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 |
|---|---|---|---|
| Dec 20, 2024 | Sold | ||
| Sold | |||
| Nov 25, 2024 | In contract | - | |
| In contract | |||
| Oct 20, 2024 | Price Decreased |
$679,900
↓ $10K
(1.5%) | |
| Price Decreased | |||
| Oct 7, 2024 | Relisted | $689,900 | |
| Relisted | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/16/2024
|
1 Bed
|
1 Bath
|
735 ft²
|
$724,900
1 Bed
1 Bath
735 ft²
|
$650,000
-10.33%
12/20/2024
|
Lynne SanPedro
Wise Choices Realty
| |
|
09/03/2022
|
1 Bed
|
1 Bath
|
735 ft²
|
$650,000
1 Bed
1 Bath
735 ft²
|
-
-
|
Adam Nelson
Signature Real Estate Group
| |
|
01/21/2021
|
1 Bed
|
1 Bath
|
800 ft²
|
$489,900
1 Bed
1 Bath
800 ft²
|
-
-
|
-
| |
|
04/09/2019
|
1 Bed
|
1 Bath
|
800 ft²
|
$425,000
1 Bed
1 Bath
800 ft²
|
$415,000
-2.35%
05/30/2019
|
John Rennie
Pacific Sotheby's International Realty
| |
|
06/11/2018
| |
1 Bed
|
1 Bath
|
735 ft²
|
-
1 Bed
1 Bath
735 ft²
|
-
-
|
-
|
|
04/19/2018
|
1 Bed
|
1 Bath
|
735 ft²
|
$439,000
1 Bed
1 Bath
735 ft²
|
$425,000
-3.19%
07/09/2018
|
Katarina Kuczera
First Team Real Estate
| |
|
01/23/2018
|
1 Bed
|
1 Bath
|
735 ft²
|
$439,000
1 Bed
1 Bath
735 ft²
|
$427,000
-2.73%
03/22/2018
|
Matthew Shinn
A+ Realty
|
Building Info
About Dana Point
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017