1724 Esplanade #C
About This Property
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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 |
|---|---|---|---|
| Nov 18, 2025 | Sold | ||
| Sold | |||
| Oct 17, 2025 | In contract | - | |
| In contract | |||
| Sep 24, 2025 | Listed by Estate Properties | $3,000,000 | |
| Listed by Estate Properties | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jun 18, 2020 | In contract | - | |
| In contract | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/24/2025
|
3 Bed
|
3 Bath
|
2125 ft²
|
$3,000,000
3 Bed
3 Bath
2125 ft²
|
$3,000,000
11/18/2025
|
Gabrielle Herendeen
Re/Max Estate Properties
| |
|
07/06/2023
|
3 Bed
|
3.5 Bath
|
1700 ft²
|
$2,690,000
3 Bed
3.5 Bath
1700 ft²
|
-
-
|
Martha Alonso
RE/MAX Estate Properties
| |
|
08/20/2021
|
3 Bed
|
4 Bath
|
1690 ft²
|
$2,399,000
3 Bed
4 Bath
1690 ft²
|
-
-
|
Bijayandra Joshi
Beach City Brokers
| |
|
12/13/2019
|
3 Bed
|
4 Bath
|
2125 ft²
|
$2,298,000
3 Bed
4 Bath
2125 ft²
|
-
-
|
-
|
Building Info
About South Redondo Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017