23762 Hobart Bay
About This Property
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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 |
|---|---|---|---|
| Sep 29, 2023 | No longer available | - | |
| No longer available | |||
| Sep 12, 2023 | In contract | - | |
| In contract | |||
| Jul 22, 2023 | Price Decreased |
$6,500,000
↓ $1M
(16.1%) | |
| Price Decreased | |||
| Jul 9, 2023 | Price Decreased |
$7,750,000
↓ $500K
(6.1%) | |
| Price Decreased | |||
| Jun 1, 2023 | Listed by eXp Realty of California, Inc. | $8,250,000 | |
| Listed by eXp Realty of California, Inc. | |||
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Offered here is the opportunity to enjoy an exquisite home and property with dramatic ocean views from the Headlands to Catalina Island. to Palos Verdes boast breathtaking sunset and sit-down whitewater views. Come watch the whales! The new classic design build hosts modern amenities, superior construction, full home automation systems and exquisitely curated architectural textures and finishes. The exterior artfully blends Traditional brick, vintage corbels, slate roof, limestone entry, solid bronze front door and custom architectural elements. The interior offers 3 bedrooms+office/4th bdr, 3.5 Baths complete with grand main floor master suite, and presents an open floor plan with chef's kitchen featuring a 14 foot quartz island and Thermador Professional Line appliances. Seamless indoor/outdoor living with secluded patios, jacuzzi and outdoor kitchen create an entertainer's paradise. There are 3 uniquely clad fireplaces, a temperature controlled glass-encased wine cellar, beautifully designed curved limestone staircase with custom railing, vintage carved walnut doors, tongue & groove ceilings, walk-in pantry/ laundry, 24" Italian Porcelain flooring and natural white oak hardwood flooring, and fully finished garage with large storage room. The home is ideal for the discriminating buyer who desires full home automation. The collaboration of top quality new construction and unparalleled ocean views await you. This seaside property is located in the guard gated oceanfront community of Niguel Shores with Clubhouse, pool,spa, tennis and blufftop park The manager has listed the unit size as 3033 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017