2743 Mesa Dr
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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 |
|---|---|---|---|
| Jul 13, 2026 | Sold | ||
| Sold | |||
| Jun 18, 2026 | In contract | - | |
| In contract | |||
| Jun 11, 2026 | Listed by Compass | $1,799,999 | |
| Listed by Compass | |||
| Oct 3, 2025 | Listed | $1,975,000 | |
| Listed | |||
| | |||
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Custom-built contemporary masterpiece in the historic Loma Alta neighborhood with INCREDIBLE VIEWS. Just 2 miles from the beach and walking distance to Buddy Todd Park. Completed in December 2017, this 3,435sqft luxury home was thoughtfully designed to capture panoramic ocean and mountain views from every level. Owned Solar & EV charging, dual Zoned AC, tankless water heater & metal roof. The entry-level offers two spacious bedrooms, a large Jack-and-Jill bathroom, kitchenette, and family room with French doors leading to a lush, low-maintenance backyard featuring synthetic turf and a 1,000-gallon rainwater storage system. Upstairs, the open-concept main living area boasts soaring 10’ ceilings, a chef’s kitchen with waterfall-edge quartz island, KitchenAid stainless appliances, walk-in pantry, and beverage station. The living room includes a linear gas fireplace and a 13’ panoramic glass wall system that opens to a covered lanai with sweeping views. The luxurious primary suite features a freestanding tub, dual vanities, walk-in closets, and ocean-view deck access. Additional highlights include an 871sqft rooftop deck with a glass wall for unobstructed views of the ocean and mountains! A gated driveway, oversized 4-car garage with epoxy floors, bonus half-bath, and extra laundry hookups. High-efficiency HVAC, central vacuum, premium finishes, fire sprinklers, and upgraded structural elements provide both comfort and safety. Easily adaptable for a 4th bedroom. Truly a rare opportunity to own a one-of-a-kind modern coastal home.
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| Aug 25, 2025 | Price Decreased |
$1,975,000
↓ $175K
(8.1%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017