2716 Pebble Drive
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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 |
|---|---|---|---|
| Dec 15, 2020 | Sold | ||
| Sold | |||
| May 8, 2020 | Listed by Compass | $9,800,000 | |
| Listed by Compass | |||
| Jan 19, 2019 | No longer available | - | |
| No longer available | |||
| Dec 23, 2018 | No longer available | - | |
| No longer available | |||
| Sep 19, 2018 | Listed | $11,800,000 | |
| Listed | |||
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Seldom does a home come on the market one has to see to believe; and 2716 Pebble Drive is one of the discerning few. Over the course of four years, the home was meticulously planned & diligently constructed; with the result a modern architectural showpiece estate. Situated on the second largest lot in Harbor View Hills at almost a half-acre, the home was conceptualized & constructed to best optimize well over 200 linear feet of spectacular coastline & ocean horizon views. A warm juxtaposition of traditional woods & modern materials are utilized throughout it’s 7,685 sq.ft. of interior living space. A sampling of countless highlights include 260-degree ocean & harbor views, six bedrooms, seven and a half baths, a zero-edge infinity pool and spa, elevator, soundproof theater, & an eight car garage. Flooded with natural light from the Galleria, a combination of large glass windows & disappearing doors, the home welcomes Corona del Mar indoor|outdoor living. An impeccable chef’s kitchen will please the most perceptive epicurean with copious counter space covered in white truffle marble, Miele appliances, & a separate butler’s pantry. A sumptuous master suite features floor-to-ceiling doors to an ocean view deck as well as a master bath with five-star luxury amenities. Single-pour concrete floors, walnut paneled walls, Eurospan ceilings, radiant heating, & smart home technology abound. Close to CdM Village & miles of pristine beaches; this is an opportunity not to be missed. The manager has listed the unit size as 7685 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017