31062 Flying Cloud Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 21, 2025 | Sold | ||
| Sold | |||
| Jun 30, 2025 | In contract | - | |
| In contract | |||
| May 1, 2025 | Listed by Berkshire Hathaway HomeService | $1,595,000 | |
| Listed by Berkshire Hathaway HomeService | |||
| | |||
|
Welcome to this beautifully upgraded single level home, perfectly positioned on a private corner lot in the community of Pacific Island Village III. Offering two spacious bedrooms and two updated bathrooms, this residence boasts some of the most expansive and breathtaking views in Laguna Niguel and can enjoy them from nearly every room in the home. Step inside to find stylish new flooring throughout, adding a fresh, modern touch to the entire home. The living room and kitchen feature an open-concept layout, perfect for entertaining while enjoying incredible views of the mountains and city lights. The recently renovated kitchen showcases stainless steel appliances and sleek white quartz countertops. The primary suite is a true retreat, complete with panoramic views from both the bedroom and the walk-in sitting tub. The en-suite bathroom has been tastefully renovated with a newer vanity topped in white quartz and elegant fixtures. The secondary bathroom has also been fully updated with a walk-in shower, new designer tile, and quartz countertop vanity. The laundry room is conveniently located inside the home. With thoughtful upgrades and an unbeatable location, this move-in-ready home is the perfect blend of comfort, privacy, and California coastal living.
| |||
| Mar 1, 2018 | Sold | ||
| Sold | |||
| Jan 3, 2018 | Listed by Harcourts Prime Properties | $899,000 | |
| Listed by Harcourts Prime Properties | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Pacific Island Village
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$10,000 /mo
- 4 Beds
- 2 Baths
- 1,922 ft²
$9,500 /mo
- 4 Beds
- 3 Baths
- 3,404 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017