12372 Circula Panorama
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 |
|---|---|---|---|
| Oct 14, 2023 | No longer available | - | |
| No longer available | |||
| Sep 14, 2023 | In contract | - | |
| In contract | |||
| Aug 29, 2023 | Price Decreased |
$1,600,000
↓ $95K
(5.6%) | |
| Price Decreased | |||
| May 19, 2023 | Listed by First Team Real Estate | $1,695,000 | |
| Listed by First Team Real Estate | |||
| | |||
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Welcome to the epitome of luxurious living in Orange County! Nestled in a prime location, this exquisite home offers the most breathtaking views that will leave you in awe! With 4 bedrooms, 3 baths, and a spacious 3,422 square feet, this property combines elegance and comfort, creating a haven for you and your loved ones. Upon entering, you'll be immediately captivated by the upgraded interior. The bathrooms have been meticulously renovated to reflect a modern and sophisticated aesthetic, featuring high-end fixtures, exquisite laminate flooring, and recessed lighting throughout the home. The kitchen is a true masterpiece, designed for both functionality and style. With sleek countertops and a wide double-walled kitchen, it is a culinary enthusiast's dream. Whether you're preparing a gourmet meal or enjoying a casual breakfast, the kitchen's open layout allows for seamless entertaining and effortless interaction with guests. As you move throughout the home, you'll discover the warm glow of recessed lighting that enhances the ambiance and sets the perfect mood for any occasion. The carefully placed lighting fixtures illuminate every corner, highlighting the architectural details and creating an inviting atmosphere. Two expansive balconies beckon you to step outside and immerse yourself in unobstructed views stretching as far as the eye can see. You'll witness stunning sunsets, sparkling city lights, and breathtaking coastal panoramas. Approved plans are already in place to convert this into a grand 7,800+ sqft masterpiece that yells modern elegance. This is not something to miss out on, as the home is embedded with almost half an acre of land for an artist to add their own touch. This home is also conveniently located near the 55, 22, and 261 freeways, this home cannot be beaten! The manager has listed the unit size as 3422 square feet.
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| Apr 11, 2019 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017