31258 BAILARD Road #2
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%.
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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 |
|---|---|---|---|
| Dec 29, 2017 | Sold | ||
| Sold | |||
| Oct 12, 2017 | Listed by Sotheby's International Realty | $1,135,000 | |
| Listed by Sotheby's International Realty | |||
| | |||
|
Spectacular ocean views and sunsets over Zuma Beach from this top floor unit of this duplex condo. New carpet and paint, bright and clean. Large deck off the living room and shared common area lawn/yard below. Open beam ceilings and red tile kitchen leading to open dining and living areas that enjoy the expansive 180 degree ocean view. 2 car attached garage w/ laundry hook-ups inside.
| |||
| Oct 30, 2013 | Sold | ||
| Sold | |||
| Oct 3, 2012 | Listed by Sotheby's International Realty | $875,000 | |
| Listed by Sotheby's International Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/18/2020
|
3 Bed
|
3 Bath
|
3146 ft²
|
$850,000
3 Bed
3 Bath
3146 ft²
|
-
-
|
Ignacio Rodriguez Diaz
Westside Estate Agency-Malibu
| |
|
10/12/2017
|
3 Bed
|
2 Bath
|
1344 ft²
|
$1,135,000
3 Bed
2 Bath
1344 ft²
|
$1,075,000
-5.29%
12/21/2017
|
Shen Schulz
Sotheby's International Realty
| |
|
10/03/2012
|
3 Bed
|
2 Bath
|
1344 ft²
|
$875,000
3 Bed
2 Bath
1344 ft²
|
$850,000
-2.86%
10/30/2013
|
Shen Schulz
Sotheby's International Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017