16 Dunes Bluff
About This Property
The highly prestigious, guard-gated community of Crystal Cove sits above the spectacular 3.2 mile Crystal Cove beach and offers unparalleled amenities including tennis courts, a spectacular swimming complex, gym, miles of walking trails, lush parks, playgrounds and children's play areas, plus close proximity to world-class dining and shopping in the Crystal Cove Shopping Center.
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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 |
|---|---|---|---|
| Feb 2, 2018 | Sold | ||
| Sold | |||
| Sep 15, 2017 | Listed by Emerald Bay Real Estate | $4,695,000 | |
| Listed by Emerald Bay Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017