1607 Via Otano
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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%.
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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.
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 |
|---|---|---|---|
| May 11, 2026 | Sold | ||
| Sold | |||
| Apr 12, 2026 | In contract | - | |
| In contract | |||
| Feb 25, 2026 | Listed by Beyond Property Management | $988,000 | |
| Listed by Beyond Property Management | |||
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Welcome to an exceptional coastal living experience where comfort, elegance, and modern efficiency come together in one beautifully designed home. Located within the neighborhood of Rancho del Oro, this residence offers the perfect balance of privacy, sophistication, and everyday convenience. From the moment you enter, you’re greeted by an open, light-filled layout that creates an inviting and elevated atmosphere. Thoughtfully designed living spaces flow effortlessly, making the home ideal for both relaxed daily living and stylish entertaining. Large windows enhance the natural brightness throughout, while the well-appointed kitchen provides generous cabinetry, ample workspace, and a layout that naturally brings people together. New laminate in kitchen and downstairs as well as new carpet on the stairs was completed in October 2025. The spacious bedrooms offer peaceful retreats, and the primary suite delivers a calming sanctuary designed for rest and recharge after a long day. Every detail of the home reflects comfort, functionality, and refined coastal charm. Step outside to your private backyard oasis featuring a sparkling pool and spa — perfect for enjoying sunny afternoons, hosting gatherings, or simply unwinding in your own resort-style environment. Whether entertaining guests or enjoying quiet evenings, the outdoor space elevates everyday living. Leased solar adds a valuable integral modern advantage — a valuable feature for comfort and efficiency year-round. Ideally located near beaches, shopping, dining, parks, and major commuter routes, make this home yours!
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| May 31, 2016 | Sold | ||
| Sold | |||
| Apr 13, 2016 | Listed by Sharper Edge Properties, Inc. | $539,000 | |
| Listed by Sharper Edge Properties, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017