12621 Costa Drive
About This Property
Step through front door into an airy interior where solid cherry wood floors, vaulted ceilings, and luminous natural light define every room. The open-concept chef's kitchen, crafted in white oak, pairs contemporary design with comfort-seamlessly connecting to spacious living and dining areas ideal for entertaining. The palatial primary suite is a true sanctuary, offering serene privacy and luxurious proportions rarely found in the neighborhood.
Beyond the interiors lies a resort-style backyard oasis. Lounge beside the sparkling pool and spa, host gatherings under the sun, and enjoy the convenience of a dedicated poolside spa. The detached oversized 2 car garage includes a pristine bonus room, while the generous covered RV parking accommodates guests and gatherings alike. With no neighbors behind, this Home delivers rare tranquility and scenic openness.
Freshly painted and move-in ready, this remarkable property embodies elegance and value in one of the South Bay's most coveted pocket neighborhoods.
In addition to all this, the large expanded garage has a half bath with a sink and toilet, a dedicated sewer line. All this is permitted and lends itself to an amazing ADU possibility.
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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 |
|---|---|---|---|
| Apr 14, 2026 | Sold | ||
| Sold | |||
| Mar 20, 2026 | In contract | - | |
| In contract | |||
| Mar 9, 2026 | Price Decreased |
$1,385,000
↓ $104K
(7%) | |
| Price Decreased | |||
| Feb 14, 2026 | Price Decreased |
$1,489,000
↓ $61K
(3.9%) | |
| Price Decreased | |||
| Jan 25, 2026 | Listed by Keller Williams Realty | $1,550,000 | |
| Listed by Keller Williams Realty | |||
Property Highlights
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About Hawthorne
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017