23632 Sidney Bay
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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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Mar 10, 2021 | In contract | - | |
| In contract | |||
| Jan 12, 2021 | Listed | $3,895,000 | |
| Listed | |||
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Absolutely an incredible opportunity to own an outstanding "Beach Style residence" in the coveted Ocean front guard gated community of Niguel Shores, Monarch Beach! This "Ocean and Catalina View" residence has 2 bedroom, 2 bath, pool/spa & has undergone an exceptional renovation! Interior features include porcelain flooring, custom designed & built cabinetry, "Famosa Calcutta Gold Oro Supreme Porcelain Slabs"! Gourmet kitchen includes a 5 x 12 ft center island (seats 8), La Cornue CornuFe Stove 110/Range w/5 burners, Viking & Miele appliances, recessed lighting, & Pristine hydro water filtration system. Additionally, vaulted ceilings, Cover Glass frameless windows and doors to exterior and pool area, built in tv's, Sonos sound system, electric solar system, fire sprinkler system, tankless water heater, new metal roofs and exterior stucco and paint, & Mitsubishi heating and air conditioning system. Master suite has magnificent views, a custom 12 ft pocket door & a very gracious custom built walk in closet. Master bath has Famosa porcelain counters & shower enclosure as well as a soaking tub, Todo electric toilet and electric sky lights. Pool/spa area has brand new pebble tech plaster, non-slip porcelain deck & planter enclosure, solar heating system, 3 custom water spout/water feature. The amenities list on this extraordinary residence goes on and on! This is absolutely "a must see" residence and just a short walk to the World Renowned Salt Creek Beach and Ritz Carlton Resort! The manager has listed the unit size as 1500 square feet.
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| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Aug 20, 2018 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017