327 Walnut
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 |
|---|---|---|---|
| Mar 17, 2026 | Sold | ||
| Sold | |||
| Feb 25, 2026 | Listed by Sail Properties, Inc. | $1,995,000 | |
| Listed by Sail Properties, Inc. | |||
| Jul 15, 2023 | No longer available | - | |
| No longer available | |||
| Jun 18, 2023 | Listed by House of Seven Gables Real Estate Inc. | $1,900,000 | |
| Listed by House of Seven Gables Real Estate Inc. | |||
| | |||
|
Welcome to Newport Shores, an exclusive enclave in Newport Beach surrounded by a channel and just steps away from the Pacific. The community association is a great value, offering a pool, clubhouse, parks, tennis courts, pickleball, basketball and beach volleyball in a beautiful setting. This quaint 3 bedroom patio home is an entry level gem. Behind the new wood look vinyl gate from the street, venture back to a stone patio where you can enjoy the ocean breezes. Enter the front door, embellished with leaded glass, to the living room. High ceilings, laminate flooring, a ceiling fan, a gas fireplace and lots of windows make this a comfortable place to relax or entertain. It is adjoined by the dining area, a galley kitchen that leads to a breakfast nook and the door to the attached garage with washer & dryer hookups. The kitchen boasts a gas stovetop, electric oven, newer dishwasher, microwave, granite counter tops, cabinets with pull outs and a garden window. From the dining area, step out to a glassed in patio room to enjoy the outdoors while remaining indoors. Down the hall are the 3 bedrooms including a primary suite and a remodeled full bathroom. Extra features include a new water heater, plantation shutters, skylights and high windows to let in natural light. The community has underground utilities - no wires to ruin the vibe. Opportunity knocks! This may be YOUR chance to enjoy the Newport Shores lifestyle. Hop on a bike or into a golf cart and enjoy the community amenities, beach life, surfing, nearby restaurants & shopping, fishing, kayaking, biking...it's all here. Call Mary 714-334-0505 for a showing. The manager has listed the unit size as 1249 square feet.
| |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Newport Beach
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$8,999 /mo
- 3 Beds
- 2 Baths
- 2,662 ft²
$8,500 /mo
- 4 Beds
- 3 Baths
- 1,800 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017