2512 Palm Avenue
About This Property
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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 |
|---|---|---|---|
| Feb 25, 2025 | Sold | ||
| Sold | |||
| Jan 15, 2025 | Listed by Vista Sotheby’s International Realty | $4,899,000 | |
| Listed by Vista Sotheby’s International Realty | |||
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Located at the end of a peaceful cul-de-sac in the Tree Section of Manhattan Beach, this exquisite home combines modern elegance with timeless craftsmanship. Completed in 2017 and showcased on the prestigious Holiday Homes Tour, this property offers an unparalleled living experience with its exceptional design and prime location—just steps from the scenic greenbelt trail and a short walk to both the Manhattan Beach Mall and downtown Manhattan Beach. You're greeted by sky-high ceilings and white oak floors that flow seamlessly throughout the home. Detailed wainscoting, chunky moldings and designer wallpaper lend an air of sophistication, complemented by Visual Comfort light fixtures, custom window treatments and a Sonos sound system. The living room, anchored by a marble-clad fireplace, boasts two levels of windows that flood the space with natural light. Step down into the family room, where coffered ceilings and a second fireplace add architectural interest. Folding glass doors create a seamless transition to the backyard, blending indoor and outdoor living. The kitchen features an Italian Calacatta marble island, aged brass pendants with smoky glass, herringbone backsplash, brushed nickel pot filler, Wolf 8-burner stove, wine refrigerator and a walk-in pantry. Adjacent to the kitchen, a cozy banquette seating area invites casual dining, while the outdoor kitchen—with a dual kegerator, grill, refrigerator, and gas burner—promises endless entertaining opportunities. The backyard also features a putting green and floating bench seating. On the main level, a versatile en-suite room can serve as a home office, guest suite or playroom. Upstairs, the luxurious primary suite boasts a cathedral ceiling, recessed lighting and a private balcony. The bathroom is adorned with Serena & Lily wallpaper and pendants, freestanding Victoria & Albert tub and three custom Calacatta mosaic patterns throughout. A generous walk-in closet includes built-in drawers, shoe storage, and multiple hanging spaces. Three additional en-suite bedrooms feature high ceilings, custom-organized closets and designer-appointed bathrooms. A convenient upstairs laundry area offers ample cabinetry, folding space, and a sink. Additional features include dual AC units, a security system with multiple cameras and a finished garage with built-in storage and custom flooring. This Manhattan Beach masterpiece offers the perfect combination of luxury, functionality and location.
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| Mar 24, 2017 | Sold | ||
| Sold | |||
| Mar 1, 2017 | Listed by OSSIA Real Estate Group | $2,995,000 | |
| Listed by OSSIA Real Estate Group | |||
Property Highlights
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About Tree Section
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$5,995 /mo
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$9,750 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017