32 Corniche Drive #H
About This Property
The manager has listed the unit size as 735 square feet.
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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 |
|---|---|---|---|
| Oct 7, 2021 | No longer available | - | |
| No longer available | |||
| Jun 17, 2021 | Listed | $549,900 | |
| Listed | |||
| | |||
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Live your dream. Live at the beach. If living less than 5,000 feet from the world-famous Southern California Salt Creek beach is your dream, then this is the property for you. Don't miss the chance to live in a home with peek ocean and golf course views and a walking path directly to the Pacific Ocean. Fabulous one-bedroom Ritz Point penthouse condo featuring a bright, open floor plan with vaulted ceilings and no one above you. Hardwood floors throughout, fireplace with gas log, newer windows, and patio doors. The kitchen offers stainless steel appliances, a greenhouse window, while the living room boasts partial ocean views & access to a sizable balcony that is ideal for entertaining. Enjoy a master bedroom with an updated bathroom / vanity area, large closet with plenty of storage space, and a balcony with peek ocean views. The washer and dryer are included and located in the balcony closet. Move in condition, just bring your love for the beach! It is virtually impossible to get this close to the beach at this low affordable price. Surrounded by multi-million-dollar custom estates this home is located behind the 24 hour guarded gates of Ritz Point. Escape to the beach, feel the ocean’s negative ions as you lounge at the beach & rejuvenate your soul. Then awake from the paradise of living at the beach & return the hustle & bustle of your busy work schedule. The association management executives continue to improve the living experience at this “little secret” by the beach. The manager has listed the unit size as 735 square feet.
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| Feb 25, 2021 | No longer available | - | |
| No longer available | |||
| Feb 24, 2021 | Relisted | $499,900 | |
| Relisted | |||
| Feb 10, 2021 | In contract | - | |
| In contract | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/24/2024
|
1 Bed
|
1 Bath
|
735 ft²
|
$649,888
1 Bed
1 Bath
735 ft²
|
$650,000
+0.02%
12/20/2024
|
Ron Delan
Coldwell Banker Realty
| |
|
01/06/2022
|
1 Bed
|
1 Bath
|
735 ft²
|
$625,000
1 Bed
1 Bath
735 ft²
|
-
-
|
Lori McGuire
RE/MAX Select One
| |
|
10/09/2021
|
1 Bed
|
1 Bath
|
735 ft²
|
$599,900
1 Bed
1 Bath
735 ft²
|
-
-
|
John Rennie
Pacific Sotheby's International Realty
| |
|
06/17/2021
|
1 Bed
|
1 Bath
|
735 ft²
|
$549,900
1 Bed
1 Bath
735 ft²
|
-
-
|
John Rennie
Pacific Sotheby's International Realty
| |
|
10/02/2020
|
1 Bed
|
1 Bath
|
735 ft²
|
$549,900
1 Bed
1 Bath
735 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017