2015 Leeward Lane
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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 |
|---|---|---|---|
| Mar 15, 2024 | No longer available | - | |
| No longer available | |||
| Jan 30, 2024 | In contract | - | |
| In contract | |||
| Nov 6, 2023 | Price Decreased |
$6,495,000
↓ $300K
(4.4%) | |
| Price Decreased | |||
| Sep 7, 2023 | Listed by Compass | $6,795,000 | |
| Listed by Compass | |||
| | |||
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Nestled on the treelined and picturesque Leeward Lane, this exceptional Newport Beach home is an unparalleled masterpiece. It boasts an impressive expanse of almost 6,000 square feet of living space and is priced competitively at $1,089/square foot, and it can be purchased fully furnished. As you step inside, you will immediately notice the attention to detail and custom home finishes. The builder meticulously selected the finest materials throughout the residence. Rich solid oak hardwood floors, carefully milled from 125-year-old reclaimed barn wood. The home's centerpiece is a bespoke three-level floating staircase with 3-inch solid oak treads, a striking symbol of architectural ingenuity.
The open floor plan effortlessly merges the interior with the outdoor oasis, offering an uninterrupted flow through expansive 17-foot and 15-foot sliding door systems. The outdoor decks were built with Kayu Batu wood, an inviting built-in BBQ area, and a fire pit, and there is ample space to accommodate a future pool. Each of the five bedrooms is thoughtfully arranged, with four on the upstairs floor and another conveniently located on the main level, combined with six and one-half impeccably appointed baths and a bonus room.
The lower subterranean level reveals a custom glass-enclosed wine cellar and a surround sound theater area, while the fully equipped bar boasts a beer froster, ice maker, fridge, and popcorn maker. The property has modern conveniences, Lutron wireless lighting controls, and dual Sonos systems, enabling music and lighting controls. Encaustic cement tiles and 100% wool carpet imported from Holland add unique character to various spaces throughout the home.
This perfect home offers you the opportunity to live within one of Newport's most coveted neighborhoods, Dover Shores, where you can enjoy excellent schools, proximity to award-winning restaurants, upscale shopping, pristine beaches, major freeways, the airport, and scenic walking and riding trails tracing the beautiful Back Bay. The manager has listed the unit size as 5963 square feet.
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| Mar 25, 2020 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017