1220 Highland Drive
About This Property
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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 |
|---|---|---|---|
| Nov 3, 2021 | Sold | ||
| Sold | |||
| Aug 16, 2021 | Listed by Compass | $3,350,000 | |
| Listed by Compass | |||
| Jun 25, 2021 | Sold | ||
| Sold | |||
| May 2, 2021 | Listed by Compass | $3,250,000 | |
| Listed by Compass | |||
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Whether you want to take in stunning sunsets from the privacy of your balcony, host friends long into the night, or simply indulge in quiet escape; this impeccable Del Mar residence might be just the home for you. Offering a private location and ocean views from almost every room, you’ll want nothing more from the moment you enter this bespoke abode. The layout is grand with an open-plan design that makes the most out of the stunning outlook. For the home chef, a remodeled kitchen awaits, and there are glittering chandeliers, hardwood floors, elegant fireplaces, and walls of windows that create a breathtaking aesthetic.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017