3711 Sunset Lane
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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%.
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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.
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 4, 2023 | No longer available | - | |
| No longer available | |||
| Sep 19, 2023 | In contract | - | |
| In contract | |||
| Aug 24, 2023 | No longer available | - | |
| No longer available | |||
| Aug 23, 2023 | Listed by Pinnacle Estate Properties, Inc. | $1,399,000 | |
| Listed by Pinnacle Estate Properties, Inc. | |||
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Classic Hollywood Beach cottage charm meets Gorgeous modern beach house style in this unique find!! Steps away from the beach and a short walk to the Marina, Farmer's Market and an array of restaurants, you'll fall in love with the location before you even step through the door. The lush backyard is your own private oasis, boasting plenty of space for relaxing and entertaining, a rare luxury that sets this home apart from anything else in the area. There is also a detached wellness/art studio in the yard that can easily be converted into a 3rd bedroom. Downstairs has the main living area, one master bedroom and bathroom as well as the cozy kitchen which leads directly into the yard, perfect for outdoor parties and backyard barbecues. The entire upstairs is a grand, over-sized master suite with an additional sitting area/office nook, walk-in closet and spacious master bathroom. Currently the upstairs is used as a family room with a spare bedroom in the office nook. The soaring cathedral ceilings and abundance of natural light through the plentiful windows make the spacious room seem even bigger. The double French doors lead onto the large sun deck with Marina views, the perfect place to enjoy your morning coffee. Experience the allure of coastal living in the picturesque, vibrant community of Oxnard with this stunning home. Whether you're looking for your dream home, a weekend retreat, or a sound investment, the location, the yard and no HOA make 3711 Sunset Lane the perfect fit. The Hollywood Beach lifestyle you've been dreaming about is right here!! The manager has listed the unit size as 1300 square feet.
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| Aug 12, 2023 | Relisted | $1,499,000 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017