12 Corniche Drive #E
About This Property
The manager has listed the unit size as 735 square feet.
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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 |
|---|---|---|---|
| Oct 6, 2022 | No longer available | - | |
| No longer available | |||
| Sep 3, 2022 | Listed | $650,000 | |
| Listed | |||
| Jul 9, 2018 | Sold | ||
| Sold | |||
| Apr 19, 2018 | Listed | $439,000 | |
| Listed | |||
| | |||
|
Enjoy the best lifestyle of Southern California living in the prestigious "Ritz Pointe" community within walking distance to Salt Creek Beach, Monarch Beach Resort and Ritz Carlton. This upper one bedroom one bath unit is upgraded with granite countertops, stainless steel appliances, double pane windows and custom plantation shutters. Open floor plan with a vaulted ceiling and skylight, separate dining area and cozy fireplace in living room. This unit has a wrap-around patio, walk-in closet and separate laundry and storage room. Association pool, spas, and GYM; one of the spas has a breathtaking panoramic ocean view. This development is located in the guard gated community.
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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