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2135 Hillview Drive
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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.
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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 |
|---|---|---|---|
| Sep 11, 2026 | Listed by The Agency | $9,299,000 | |
| Listed by The Agency | |||
| Jan 28, 2024 | No longer available | - | |
| No longer available | |||
| Jan 6, 2024 | Price Increased |
$8,995,000
↑ $1M
(12.5%) | |
| Price Increased | |||
| Dec 2, 2023 | Price Decreased |
$7,995,000
↓ $1M
(11.1%) | |
| Price Decreased | |||
| Oct 12, 2023 | Listed by Douglas Elliman Real Estate | $8,995,000 | |
| Listed by Douglas Elliman Real Estate | |||
| | |||
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2135 Hillview Drive is a meticulously updated contemporary offering, extensively and carefully remodeled down-to-the-studs earlier this year. Featuring a prime location in the Park Estates section of Laguna Beach, this property is sited on an expansive, approximately 20,650 square foot lot. With nearly 5,100 sqft of living area, this home is comprised of six spacious bedrooms with all but one offering spectacular ocean views. Modern elements abound throughout this house, with a dramatic double-height foyer greeting all visitors. The entertaining area was thoughtfully designed to occupy two levels, offering both space and separation. The upper one is comprised of a bright kitchen with an oversized island, a walk-in pantry with a wine fridge, and access to one of the home’s many decks. Adjacent to the kitchen, the large dining area looks towards the ocean as well as onto the secondary entertaining level below with dual fireplaces and access to the property’s largest deck. The primary suite occupies its own floor for ultimate privacy and features ocean views from both the bedroom as well as the bathroom with a standalone jacuzzi. The secondary bedrooms are conveniently located on various levels of the home, lending themselves to be used as home offices or additional living areas. The backyard offers several multipurpose areas, including an elevated covered patio with a fireplace for year-round enjoyment. Additional notable features include full-home automation, backlit agate elements, numerous balconies with Fleetwood doors, and a three-car garage with Italian tile flooring. A stone’s throw from all the city is known for, from restaurants and boutiques to its famous beaches. The manager has listed the unit size as 5083 square feet.
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About Park Avenue Estates
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$8,995 /mo
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- 2 Baths
- 1,463 ft²
$7,500 /mo
- 2 Beds
- 1 Bath
- 890 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017