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24 Corniche Drive #D
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%.
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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 27, 2020 | Sold | ||
| Sold | |||
| Nov 12, 2019 | Listed by Homelister, Inc. | $400,000 | |
| Listed by Homelister, Inc. | |||
| Jul 9, 2019 | No longer available | - | |
| No longer available | |||
| Jun 25, 2019 | Price Decreased |
$412,900
↓ $3K
(0.8%) | |
| Price Decreased | |||
| Jun 4, 2019 | Listed | $416,000 | |
| Listed | |||
| | |||
|
Located in a private, gate guarded community, this upgraded one bedroom and one bath end unit condo is in turn-key condition. Located at street level with plenty of natural light! Starting with a custom Baldwin keyed entry to Porcelain tile floor and recessed lighting throughout unit. All real wood interior doors with Baldwin hardware. Remodeled kitchen with backsplash, granite countertops and tub sink. Marble fireplace in the living room, separate dining area with chandelier and master bedroom with a ceiling fan and a spacious walk-in closet with a custom shoe shelf and chandelier. Upgraded vanity with granite countertop and crystal hardware. It has a separate storage and laundry room. This property is nestled within a mile walk of the beach and is surrounded by multi-million dollar homes and five star resorts. Community amenities include a scenic beach access trail in addition to an Association clubhouse, pool, spas, and gym. Washer and Dryer included!!! The manager has listed the unit size as 735 square feet.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/10/2024
| |
1 Bed
|
1 Bath
|
735 ft²
|
$680,000
1 Bed
1 Bath
735 ft²
|
-
-
|
John Rennie
Pacific Sotheby's International Realty
|
|
03/30/2022
|
1 Bed
|
1 Bath
|
735 ft²
|
$658,880
1 Bed
1 Bath
735 ft²
|
-
-
|
Mardell Gully
Berkshire Hathaway HomeService
| |
|
06/04/2019
|
1 Bed
|
1 Bath
|
735 ft²
|
$416,000
1 Bed
1 Bath
735 ft²
|
-
-
|
-
| |
|
04/28/2019
|
1 Bed
|
1 Bath
|
735 ft²
|
$428,900
1 Bed
1 Bath
735 ft²
|
$400,000
-6.74%
11/19/2019
|
Karen Holderness
HOMEQUEST REAL ESTATE
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017