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1251 Pacific Street #4
About This Property
Upon entering, you'll be greeted by an abundance of natural light streaming through floor-to-ceiling windows that grace both the front and back facades, casting a warm glow throughout the space. Conveniently tucked away is a coat closet, offering practical storage solutions just steps from the entrance.
Enter the heart of the home, where the open floor plan seamlessly connects the living room, dining room, and kitchen, creating an inviting space for relaxation and entertaining. The kitchen is a chef's dream, featuring bar-stool seating at the counter, Bosch induction range oven, microwave, and dishwasher, as well as a Fisher & Paykel refrigerator. Handmade tile backsplash, sleek handleless cabinets, and a modern chandelier add a touch of sophistication to the space.
Off the living room, discover a generously sized bedroom bathed in natural light, courtesy of floor-to-ceiling windows. Down the hall, find the unit's shared bathroom and laundry room for added convenience.
The oversized primary bedroom is a true retreat, boasting a walk-in closet and ample space for a sitting area and king-sized bed. The private balcony and the versatility of tilt and turn windows offer both fresh air and backyard views. Both bathrooms exude luxury, with heated floors, medicine cabinets featuring adjustable LED lighting and anti-fog technology, beautiful tile work, and sleek black fixtures.
A stairwell leads up to a charming nook, perfect for a home office, and opens to a private terrace, providing a serene space for both entertaining and relaxation.
Unit 4 is not just a home; it's a haven equipped with a video intercom, Bluetooth speaker system, and in-ceiling Mitsubishi package unit for ultimate comfort and convenience. Plus, residents have access to the common roof deck-an ideal spot for soaking in the skyline. And with its dedicated storage closet in the cellar, clutter is kept at bay, leaving you free to enjoy the perfect condo living experience.
Experience the epitome of urban living at Unit 4-where every detail has been thoughtfully curated to elevate your lifestyle.
The complete terms are in an offering plan available from the Sponsor File No. CD23-0067.
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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 |
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Feb 7, 2025 | Listed by Compass | $1,395,000 | |
Listed by Compass |
Property Highlights
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Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
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Building Info
- 5 Units
- 2 Units for Sale
