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1998 Port Edward Circle
About This Property
The thoughtfully designed floor plan features 6 bedrooms and 7 bathrooms, highlighted by a highly desirable main-floor primary suite and a dedicated home office. Upstairs, an oversized den opens to a walk-out deck that perfectly frames views of the backyard oasis.
Step outside to discover a spectacular, resort-inspired yard complete with a large grassy lawn, a sparkling pool and spa, a rock-climbing wall, and a custom outdoor fitness setup. Adding to the estate's immense appeal is a detached pool house featuring a ¾ bathroom-ideal for use as a dedicated wellness center or a secluded guest casita.
Residents of the acclaimed Port Streets community enjoy world-class amenities, including resort-style pools, clubhouses, vibrant greenbelts, sports fields, and zoning for the award-winning Andersen Elementary School. Perfectly situated just minutes from pristine beaches, the premier shopping and dining of Fashion Island, and the 73 freeway for effortless commuting.
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Cap Rate Calculator
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 9, 2026 | Sold | ||
| Sold | |||
| Sep 10, 2026 | Price Decreased |
$6,495,000
↓ $400K
(5.8%) | |
| Price Decreased | |||
| Aug 20, 2026 | Price Decreased |
$6,895,000
↓ $600K
(8%) | |
| Price Decreased | |||
| May 8, 2026 | Listed by Coldwell Banker Realty | $7,495,000 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
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About Newport Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017