29272 Clipper Way
About This Property
Situated in a prime Laguna Niguel location, the home features a functional layout and resides in a cul-de-sac with no neighbors across the street. It's conveniently located near shopping, dining, freeway access, beaches, trails, and parks.
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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 |
|---|---|---|---|
| Apr 9, 2025 | Sold | ||
| Sold | |||
| Mar 17, 2025 | Listed by First Team Real Estate | $1,729,900 | |
| Listed by First Team Real Estate | |||
| Aug 19, 2024 | Sold | ||
| Sold | |||
| Apr 28, 2024 | Listed by First Team Real Estate | $1,495,000 | |
| Listed by First Team Real Estate | |||
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Make this lovely and lush home yours today! It is located less than 10 minutes from the beautiful Pacific Ocean and situated on a single-loaded street near Clipper Clove park. No neighbors across the street! Enjoy the gorgeous garden with lots of flowers and spots to relax. Make sure you see the beautiful side yard with an array of flowering plants, trees and shrubs. Inside you will find a very well loved and maintained home. Upon entering you will delight in the high ceilings and spacious living room that leads into formal dining room, both which overlook the backyard. The kitchen is nicely laid out with granite counter and stainless steel appliances. The barely two-years-new refrigerator will stay for the buyers to enjoy. Dining area in the kitchen with newer slider to the backyard makes it convenient to enjoy indoor/outdoor dining. The family room over looks the side yard with terraced flower garden and has a lovely fireplace for chilly nights.
Hardwood floors run through living room and dining room and continue up the stairs through the loft and down the hallway. Two nicely sized bedrooms share a full guest bathroom. The serene primary bedroom has lovely arched windows, pitched ceiling with newer ceiling fan/light.
The large front yard could easily be fenced in if desired for privacy.
With prime location near shopping, dining, freeways and beaches, this home is sure to check all the boxes for your buyer.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017