15 Cortina
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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 6, 2021 | No longer available | - | |
| No longer available | |||
| Feb 10, 2021 | In contract | - | |
| In contract | |||
| Feb 7, 2021 | No longer available | - | |
| No longer available | |||
| Feb 3, 2021 | Listed | $1,350,000 | |
| Listed | |||
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THE PERFECT BEACH GETAWAY TO CALL HOME! CALL 949-310-7300 One of Dana Point's most exclusive and prestigious 24-hour, coastal guard-gated communities in Monarch Beach. This coastal chic residence combines the best of ocean views and privacy and is situated on a single-loaded street near the end of the cul-de-sac. Enjoy a versatile floor plan with an abundance of natural light, soaring ceilings and useable living space as you enter the main living area which opens to the gardens for indoor-outdoor living, perfect for entertaining. This home offers 3 bedrooms and 2.5 bathrooms with the master bedroom featuring a walk-in wardrobe, soaking tub and a large deck, perfect for you to unwind and take in the ocean and captivating sunset views. The property also includes a lush, spacious private yard, capturing the tranquil ocean breezes year-round! This highly sought after coastal community is near a private nature trail which leads to Salt Creek Beach, a golf course and two world-class resorts, restaurants and entertainment, Dana Point Harbor and less than five miles away from Downtown Laguna Beach, all of which add the pleasure and enjoyment of an ocean-close lifestyle in beautiful Southern California Riviera. The manager has listed the unit size as 1583 square feet.
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| Oct 1, 2019 | No longer available | - | |
| No longer available | |||
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About Dana Point
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$9,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017