44
Map
2907 Cliff Drive
About This Property
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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 |
|---|---|---|---|
| Aug 31, 2026 | Listed by Luxe Real Estate | $7,995,000 | |
| Listed by Luxe Real Estate | |||
| Jun 26, 2025 | Price Decreased |
$8,250,000
↓ $245K
(2.9%) | |
| Price Decreased | |||
| Jan 30, 2025 | Listed | $8,495,000 | |
| Listed | |||
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Nestled on a coveted corner lot, this exceptional estate sits beside Cliff Drive Park on one side and just steps away from a lush greenbelt on the other, creating a unique blend of privacy, beauty, and convenience. With sweeping views of the ocean, harbor, and Catalina Island, this property is a true masterpiece of coastal living. Spanning over 5,000 square feet, this five-bedroom (optional sixth) home, with five-and-a-half baths, offers a seamless fusion of luxury, design, and natural surroundings. The entry is framed by a serene walkway with water features leading to double doors. Inside, the open foyer with soaring ceilings, a central fireplace, and expansive Marvin windows create a bright, welcoming atmosphere. Wood and stone flooring and custom millwork add a refined touch, while sunken common areas enhance the sense of space. On the main level, you'll find two spacious en suite bedrooms, a formal living room, a wine room, and an open-concept dining area that flows into a gourmet kitchen and family room. The kitchen features Thermador appliances, a 13-foot "Bistro"-style island, quartz countertops, and custom cabinetry. Glass doors open to a covered terrace, offering sweeping harbor views. The private wing is home to the primary suite, which includes a fireplace, private balcony, a large walk-in closet, and a spa-like bath. On the same level, a media room, library, office, two additional en suite bedrooms with built-in study areas, and an upstairs family room complete the living spaces. Outside, the backyard is an entertainer’s dream, featuring a saltwater pool, built-in BBQ, and plenty of space for al fresco dining, all framed by breathtaking coastal views. Other highlights include a Vantage lighting system, a laundry room, and a sweeping driveway leading to a three-car garage, all set amidst beautifully manicured landscaping. Located just minutes from shopping, dining, and the Balboa Peninsula, this home offers the perfect combination of privacy, luxury, and convenience.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017