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1802 Coastal Way
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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 |
|---|---|---|---|
| Apr 13, 2018 | Sold | ||
| Sold | |||
| Jan 15, 2018 | Listed by Douglas Elliman Of California, | $885,000 | |
| Listed by Douglas Elliman Of California, | |||
| Jul 9, 2017 | Listed | $885,000 | |
| Listed | |||
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Enjoy the coastal breezes and the fresh, modern sophistication of this newer live/work home! The bright, open floor plan is complimented with a chic decor of designer inspired soft grays tones, wood flooring, high ceilings, and an abundance of light attracting windows. The living spaces flow seamlessly. The kitchen has a stainless farmhouse style sink, upgraded quartz countertops, and wood cabinetry, plus GE Cafe stainless appliances. The dining and living spaces have wood flooring and high ceilings. There's a custom built in media cabinet in the living room with, pre-wired surround sound, recessed lighting and a ceiling fan. Upstairs are two generous sized bedrooms that could be two masters.The primary master bedroom has an en suite bath with dual custom vessel sinks, custom tiles and a deep soaking tub with a glass enclosure. The secondary bedroom also has a full, en suite bath. Both bedrooms come with upgraded, plush carpet. Park your dream car in this pristine garage with an epoxy floor,upgraded garage door system, and overhead storage. There's also a 40 amp electric/plug in for your hybrid! The view deck is above it all! The premium lot location allows for an enviable view of all Orange County, Mountains, Ocean, Sand, White Water, and Downtown LA on those exceptionally clear days. The manager has listed the unit size as 1611 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017