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Map
327 Novel
About This Property
The main floor is drenched in pure Southern California light, pairing a high-design open kitchen and living area with a private, full-suite bedroom-the ultimate sanctuary for high-profile guests or an executive home office. Upstairs, the top-floor loft offers a secluded, cool hideaway designed to shut out the world and redefine relaxed luxury.
Outside your front door, Great Park's vibrant, resort-style energy takes over: walk to CUP by Blue Hummingbird Coffee, lounge by the pool, hit the spas, explore miles of trails, and enjoy walking access to top-tier Irvine Unified schools.
Crafted by America's Most Trusted® Builder, the original owner waited on a competitive waitlist for months to claim this exact lot. In a market where you can finally afford to be picky, this is your rare chance to own the absolute top tier.
Listed By
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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 |
|---|---|---|---|
| Sep 14, 2026 | Price Decreased |
$1,599,800
↓ $49K
(3%) | |
| Price Decreased | |||
| Sep 12, 2026 | Price Decreased |
$1,649,000
↓ $50K
(2.9%) | |
| Price Decreased | |||
| Aug 23, 2026 | Listed by Great Park Realty | $1,699,000 | |
| Listed by Great Park Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/23/2026
| |
4 Bed
|
3 Bath
|
2446 ft²
|
$1,699,000
4 Bed
3 Bath
2446 ft²
|
-
-
|
Jennifer Chan
HomeSmart, Evergreen Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017