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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 2, 2026 | Listed by The Agency | $7,200,000 | |
| Listed by The Agency | |||
| Nov 24, 2025 | Sold | ||
| Sold | |||
| Oct 3, 2025 | In contract | - | |
| In contract | |||
| Aug 28, 2025 | Price Decreased |
$6,995,000
↓ $755K
(9.7%) | |
| Price Decreased | |||
| Jul 21, 2025 | Listed by Berkshire Hathaway Homeservice | $7,750,000 | |
| Listed by Berkshire Hathaway Homeservice | |||
| | |||
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Tucked along the prized horseshoe street of Bonita Canyon, this enchanting residence—The Wyndover Bay home is a rare blend of Traditional Monterey charm and Italian-inspired elegance. Located in one of Newport Beach’s most coveted guard-gated enclaves, the home has been meticulously remodeled and completed in July 2025, inviting you into a life of warmth, comfort, and elevated style. From the moment you step inside, you’re greeted by a sense of timeless romance. The all-new kitchen is the heart of the home, where dual islands, a custom range hood, and smart stainless steel appliances are perfectly complemented by an extra-large Thermador side-by-side refrigerator and freezer. A matching full-size wine fridge provides ample room for your favorite vintages—ideal for effortless entertaining and elevated everyday living. Just off the kitchen is a separate laundry room, designed with both function and style in mind. Upstairs, the primary suite is a true sanctuary, featuring a fireplace, tongue-and-groove ceiling, jetted soaking tub, and a newly expanded deck that spills out into the treetops—an ideal indoor-outdoor escape. The newly expanded hallway leads to a spacious bonus room that effortlessly transforms into a home theater or game room, with a tucked-away office that feels like a secret hideaway. A second bonus room offers the potential for a fifth bedroom, adding flexibility to the already generous floor plan. Downstairs, a covered patio overlooks the resort-like pool and spa, framed by lush landscaping and a glowing built-in gas fire pit, setting the scene for unforgettable evenings under the stars. Even the garage has a story to tell, with three-car capacity and a tandem space has the possibility to be reimagined as a home gym, complete with double doors that open to the backyard garden. Life in Bonita Canyon extends well beyond your front door. The community offers a private center with an Olympic-sized swimming pool, perfect for early morning laps or relaxing on sun-drenched afternoons. Barbecue grills and picnic areas set the scene for outdoor gatherings, while tennis courts, basketball courts, a playground, and an expansive grassy greenbelt invite daily recreation and connection. Meandering walking trails weave through the neighborhood—ideal for evening strolls with your dog in this notably pet-friendly enclave. From community swim teams to impromptu park playdates, Bonita Canyon fosters a lifestyle where neighbors become lifelong friends.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017