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1280 Pacific Avenue
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%.
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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 |
|---|---|---|---|
| Jun 12, 2019 | Sold | ||
| Sold | |||
| Jan 3, 2019 | No longer available | - | |
| No longer available | |||
| Jan 1, 2019 | Listed by Agentinc | $4,495,000 | |
| Listed by Agentinc | |||
| Oct 18, 2018 | No longer available | - | |
| No longer available | |||
| Oct 16, 2018 | Listed | $4,799,000 | |
| Listed | |||
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Experience stunning ocean & catalina views from this immaculate home in the prestigious Mystic Hills in Laguna Beach. This award winning custom contemporary masterpiece designed by Mark Singer and later expanded by Brion Jeanette reflects unsurpassed attention to every detail. This home is perfectly situated on a flat lot at the end of a private cul-de-sac on top of Oceanside mountains. Opening the entry door, dramatic majestic open staircase take you to the large open living room with an expansive two story ceilings and glass walls that allow spectacular panoramic scene and natural lights every space in the home. This masterpiece has 4 bedrooms w/ its own private bathroom, office room with ocean views, 2 additional powder rooms. Panoramic ocean views from all master areas and large outside deck is breathtaking. Highly upgraded kitchen with high gloss cabinets and huge kitchen island with Quartz counter tops & Full backsplash, custom paneled built-in subzero refrigerator and appliances with Wolf & Miele brands. Sellers spent over $200,000 for upgrades after move in. Polished concrete floors are combined to provide a living environment of unsurpassed beauty and functionality. A full wet bar, Two-sided fireplace in the living & dining room, Spacious front yard is perfect for outdoor entertaining events or private lounging to relax with spectacular views of the orange sunset wave. Private Gated Long Driveway w/ 3 car garage. This masterpiece is one to dream about! The manager has listed the unit size as 4559 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017