150 Paseo De Gracia
About This Property
With soaring ceilings and a tranquil feel, this exquisite home was built with attention to every detail. The kitchen is one of the largest in the Riviera, with professional chef-quality appliances and gorgeous cabinetry. A separate dining room is perfect for parties and dinners. The family room and living room offer open, inviting spaces to relax and unwind. The stairway includes decorative Spanish tile accents and leads to a second family room. Upstairs, the master bedroom includes a large balcony with pastoral views. The house has 2 laundry rooms, 2 pantries, a 3 car garage and much more. This home is perfect for entertaining, and includes a built-in outdoor kitchen with a bbq, fire pit, spa, an area for a sport court and a spacious courtyard with sitting area and fireplace. Separate "mother-in-law" quarters with a living room, bedroom, kitchen and bathroom are ideal for family and guests. And, when you're ready for more food and fun, the home is just a short walk to the beach and the restaurants and shops of the Riviera Village. Welcome to your forever home.
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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 15, 2018 | Sold | ||
| Sold | |||
| May 23, 2018 | Listed by RE/MAX Estate Properties | $2,975,000 | |
| Listed by RE/MAX Estate Properties | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017