28 Wharfside Drive
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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 |
|---|---|---|---|
| Nov 8, 2019 | Sold | ||
| Sold | |||
| Oct 1, 2019 | No longer available | - | |
| No longer available | |||
| Sep 28, 2019 | Listed | $4,250,000 | |
| Listed | |||
| | |||
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Experience awe-inspiring sit down ocean & coastline views from this newly renovated Crystal Cove property. This stunning front-row residence offers a 4 bed (all on one floor), 3.5 bath floor plan with a main floor office boasting oversized bedrooms and an open concept showcasing breathtaking coastline views and a proximity to the Pacific ocean that will leave you speechless. The impressive interior living space offers a remodeled gourmet chef's kitchen including new white Calcutta style counter-tops with a designer inspired subway backsplash, pro series appliances, and a newly designed island that has direct views of the newport beach jetty, Balboa Island, and coastline views up to Palos Verdes. This light and bright home beams with entertaining delight and accentuates the coastal chic lifestyle at its finest. The spacious backyard features a covered outdoor area, multiple seating areas, water features, and a built in BBQ island with endless coastline views. Rounding out this exquisite ocean view home is its ideal cul-de-sac location, long private driveway, and access to the beach and community amenities such as tennis courts, swimming pool, hiking trails and park, and a short walk to the world famous Crystal Cove shopping center. The manager has listed the unit size as 3345 square feet.
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| Aug 7, 2019 | Listed by Luxe Real Estate | $4,250,000 | |
| Listed by Luxe Real Estate | |||
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About Newport Coast
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017