1380 Skyline 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 |
|---|---|---|---|
| Oct 30, 2025 | Sold | ||
| Sold | |||
| Sep 26, 2025 | In contract | - | |
| In contract | |||
| Aug 8, 2025 | Price Decreased |
$3,395,000
↓ $103K
(2.9%) | |
| Price Decreased | |||
| Jan 20, 2025 | Listed by Surterre Properties Inc | $3,498,000 | |
| Listed by Surterre Properties Inc | |||
| | |||
|
OVER $350,000.00 PRICE REDUCTION!!SPECTACULAR and CAPTIVATING UNOBSTRUCTED OCEAN and VALLEY VIEWS! This mid-century modern home sits on a large 9240 square foot lot with a 260 degree ocean, Catalina Sunsets and coastline views. Enjoy the stunning views from living room, dinning room, master bedroom and bath and one of the secondary bedrooms. The patio was expanded to almost 1400 square foot of private outdoor living space with glass fence so your views are not interrupted. The home has been totally remodeled with new kitchen cabinets, black Corian counters, newer appliances, new bathrooms, all new porcelain tile flooring, new drywalls and smooth ceilings, tankless water heater, newer concrete in drive way and front of the house, custom cabinets in garage, new gates and fences, whole house fan, newer cement tile roof, all new windows & door and so much more to list.....This home offers every aspect of the SoCal dream of relaxation and entertaining. Home is close to all the wonderful restaurants, art galleries, hiking trails, beach, award wining schools and easy access to John Wayne Airport.
| |||
| Apr 12, 2017 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017