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34061 Formosa
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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 14, 2026 | Sold | ||
| Sold | |||
| Oct 1, 2026 | Listed by First Team Real Estate | $2,299,999 | |
| Listed by First Team Real Estate | |||
| Apr 21, 2017 | Sold | ||
| Sold | |||
| Feb 16, 2017 | Listed by First Team Real Estate | $1,199,900 | |
| Listed by First Team Real Estate | |||
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Move right in to this stunning trophy home nestled in what is now the hottest seaside community of Southern California -- The Lantern District! Gorgeous open kitchen with white cabinetry, caesarstone counter tops, travertine flooring, stainless appliances and ample island. Main Floor bedroom features plantation shutters, mirrored wardrobe, ceiling fan. Main floor bathroom has marble counters, and custom surround on the shower/tub. Popular open concept living and dining room boasts custom stacked stone fireplace, beautiful distressed hardwood flooring, plantation shutters, custom staircase and french doors. Private and separate family room, fireplace, plantation shutters, and a viewing deck/balcony. Spacious Master Suite with high ceilings, plantation shutters, mirrored wardrobe with closet organizers, and ceiling fan. luxuriant master bathroom boasts marble counters, footed soaking tub, and steam shower. Ultra relaxing, comfortable and perfect for entertaining backyard with custom brick, flagstone, outdoor Fire and Ice fire pit, lighting and flat screen. Walking distance to Dana Point Harbor, the currently under construction Town Center and Doheny Beach. Convenient proximity to the Ritz Carlton, Monarch Beach luxury resorts, Strand at Headlands, and Salt Creek Beach. Hear the foghorn from your front door. Rare opportunity to find a home in such pristine condition. Too many upgrades to mention! Hurry! Will Not last!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017