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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 |
|---|---|---|---|
| Jul 15, 2026 | Listed by Latitude 33 Real Estate | $1,499,000 | |
| Listed by Latitude 33 Real Estate | |||
| Oct 27, 2025 | Price Decreased |
$1,499,000
↓ $86K
(5.4%) | |
| Price Decreased | |||
| May 15, 2025 | Price Decreased |
$1,585,000
↓ $15K
(0.9%) | |
| Price Decreased | |||
| Apr 5, 2025 | Listed | $1,600,000 | |
| Listed | |||
| | |||
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Build your dream home in the serene and exclusive community of Stoneridge Estates! This 3.1-acre lot is located at the end of a private cul-de-sac, surrounded by multi-million-dollar homes and offering breathtaking mountain views amidst stunning natural landscapes. The red line on picture 10 indicates a horse trail. Centrally located with easy access to the I-5 freeway and the 73 toll road, the property is just minutes away from world-class beaches, Dana Point Harbor, scenic hiking trails, the historic San Juan Capistrano Mission, and upscale shopping centers. It’s also in close proximity to prestigious private schools such as St. Margaret’s Episcopal School and J Serra Catholic High School.
As one of the last equestrian-zoned, buildable lots in Orange County, this is the final available lot in the exclusive Stoneridge Estates. With preliminary building plans and versatile development potential, this rare property offers an exceptional investment opportunity for discerning buyers.
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| Jan 30, 2020 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017