1409 Priscilla Lane
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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 |
|---|---|---|---|
| Oct 7, 2021 | No longer available | - | |
| No longer available | |||
| Jun 25, 2021 | In contract | - | |
| In contract | |||
| May 19, 2021 | Listed by Residential Agent, Inc. | $3,880,000 | |
| Listed by Residential Agent, Inc. | |||
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Experience the rare combination of owning a brand-new luxury home in an established and mature neighborhood at this custom Modern Farmhouse on a quiet street in Newport Beach’s enviable Dover Shores enclave. Recently completed and never occupied, the handsome 2-story residence welcomes guests with a spacious covered front porch and off-the-charts curb appeal. Approx. 3,888 s.f., the light and airy design encompasses 4 bedrooms, 5 baths, a home office (5th bedroom option), free-flowing living areas, and a 2-car garage with Tesla charger system. Discover custom cabinetry, California Closet systems, Emtek hardware, Savoy chandeliers, Kohler faucets and toilets, Andersen Windows and Fleetwood sliding doors. In the chef-inspired kitchen, a Sub-Zero refrigerator and a Thermador Pro appliance package including a pro-level range, smart double oven, drawer microwave and dishwasher ensure easy mealtime and party prep. A Jacuzzi tub provides a soothing escape in the master suite, and a chute leads directly downstairs to the fully appointed laundry room. Two AC systems and dual instant-hot-water systems provide enrich energy efficiency, and an indoor pool-control system and an instant-hot gas fireplace are featured. Home is wired for sound, data and security. The audio/video master system is situated under the staircase. Enjoy a resort ambiance in the backyard, where a pool with waterfall and Baja shelf are sure to be a hit with all. The manager has listed the unit size as 3880 square feet.
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| May 16, 2021 | No longer available | - | |
| No longer available | |||
| Feb 11, 2021 | Price Increased |
$3,880,000
↑ $185K
(5%) | |
| Price Increased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017