15 Shoreline Drive
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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.
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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 |
|---|---|---|---|
| Jun 10, 2023 | No longer available | - | |
| No longer available | |||
| Apr 26, 2023 | In contract | - | |
| In contract | |||
| Mar 18, 2023 | Listed by Douglas Elliman Real Estate | $14,995,000 | |
| Listed by Douglas Elliman Real Estate | |||
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Within the guarded gates of The Strand at Headlands stands this custom contemporary estate, which enjoys picturesque sunsets over Catalina and northern coastline views up to Palos Verdes. An entertainer’s residence, this home is inspired by global influences in both material and design, beginning with a dramatic entry to set the tone for its sophisticated atmosphere, with clean lines composed of rich wood, limestone, and glass. The vast great room combines a modern, open kitchen with lounge-style dining and living rooms that open to the spacious outdoor area. The kitchen itself is a work of art, featuring rift white oak cabinetry, Quartzite counters, a large kitchen island and connected wooden bar, and state-of-the-art La Cornue and Wolf appliances. The terraced outdoor space boasts stunning views of the sparkling Pacific, abundant space for seating, a custom pool and spa, a fire pit, and exquisite detailing such as the waterfall feature along the stairs. The opulent master suite features a textured accent wall, private outdoor space, and a spa-inspired master bathroom with dual frameless glass showers, a therapeutic soaking tub, and a separate makeup vanity, all crafted from a relaxing palette. Among countless amenities, a few more of note include a Vantage smart system, Lutron curtain system, 130-bottle temperature-controlled wine storage, two offices, a custom hide wall, custom petrified wood powder room backsplash, and two garages adjacent to a spacious motor court. The manager has listed the unit size as 5083 square feet.
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| Aug 21, 2020 | Sold | ||
| Sold | |||
| Jul 16, 2020 | Listed by VILLA REAL ESTATE | $10,250,000 | |
| Listed by VILLA REAL ESTATE | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017