134 High Drive
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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 |
|---|---|---|---|
| Apr 9, 2021 | No longer available | - | |
| No longer available | |||
| Feb 20, 2021 | Listed | $1,995,000 | |
| Listed | |||
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A rare gem located in the highly desirable North Laguna neighborhood. Recently remodeled, open main level floor plan flows seamlessly from the kitchen to the living area and into the outdoor deck. High Beamed open ceilings, wood flooring, fresh paint inside and outside, and a completely remodeled bathroom. There are two bedrooms and one bathroom on this level. Downstairs there is a separate guest area with an additional bedroom, its own kitchenette and 1/2 bathroom. Enjoy and relax in the backyard in a tranquil jacuzzi. Attached 2 car carport plus storage room for additional storage. Close to Laguna Beach's restaurants, shop, galleries and of course world class beaches. This is a truly remarkable opportunity in one of Laguna Beach's most prized locations! The manager has listed the unit size as 1192 square feet.
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| May 10, 2019 | Sold | ||
| Sold | |||
| Oct 1, 2018 | Listed by Coldwell Banker Res. Brokerage | $1,499,000 | |
| Listed by Coldwell Banker Res. Brokerage | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017