3367 RAMBLA PACIFICO
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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.
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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 2, 2018 | No longer available | - | |
| No longer available | |||
| Nov 7, 2018 | Sold | ||
| Sold | |||
| Oct 5, 2018 | No longer available | - | |
| No longer available | |||
| Sep 5, 2018 | Listed | $1,950,000 | |
| Listed | |||
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Opportunity to acquire one of the last remaining lots in the area. The lot has plans to build a 4 bedroom, 4.5 bathroom, 4081 square foot home with infinity edge pool, a patio deck of 1100 square feet and unobstructed ocean and city light views from every room. Views of Santa Monica Bay, Queens Necklace, Palos Verde and Catalina. A classic design by renowned architect Vitus Matare. All agency approvals are in the building permit and ready to pull. The next owner can break ground within a week of acquiring titles. Close proximity to the Santa Monica/Los Angeles.
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| Aug 2, 2018 | Listed | $1,950,000 | |
| Listed | |||
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Motivated Seller, $300K in price reduction. Bring in all offers! Opportunity to acquire one of the last remaining lots in the area. The lot has plans to build a 4 bedroom, 4.5 bathroom, 4081 square foot home with infinity edge pool, a patio deck of 1100 square feet and unobstructed ocean and city light views from every room. Views of Santa Monica Bay, Queens Necklace, Palos Verde and Catalina. A classic design by renowned architect Vitus Matar~. All agency approvals are in the building permit and ready to pull. The next owner can break ground within a week of acquiring titles. Close proximity to the Santa Monica/Los Angeles. The manager has listed the unit size as 4081 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017