350 MESA Road
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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 |
|---|---|---|---|
| May 1, 2018 | Sold | ||
| Sold | |||
| Jan 12, 2018 | Listed by The Agency | $3,625,000 | |
| Listed by The Agency | |||
| Sep 1, 2017 | Listed | $4,687,000 | |
| Listed | |||
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Newly completed ocean and canyon view contemporary in highly sought-after Santa Monica Canyon. This artistically designed renovation and expansion utilizes exposed structural steel, hardwoods and white walls to create a light, harmonious and serene living environment. The open flowing floor plan is perfectly balanced with each area of the house blending into each other while maintaining a subtle separation. Multiple decks, patios and an upper grassy back yard create seamless indoor/outdoor living areas. Both functional and stylish, the gourmet kitchen features a center-island design with high-end appliances. An at home retreat, the master suite is graced by ocean views, spacious balcony, a large walk-in closet and a luxurious bath. Impeccable taste and style lend softness and warmth to this contemporary showplace. The manager has listed the unit size as 3487 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017