3751 SERRA Road
About This Property
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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 |
|---|---|---|---|
| Aug 13, 2018 | No longer available | - | |
| No longer available | |||
| May 31, 2018 | Sold | ||
| Sold | |||
| May 15, 2018 | Listed | $5,795,000 | |
| Listed | |||
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Best Value in Serra Retreat! Completely renovated from top to bottom by luxury designer Saffron Case of Saffron Case Homes. Open floor plan with huge sliders in every room giving the home a light and bright indoor/outdoor feeling. This 4 bedroom, 5 bath home comes with the finest upgrades. Vaulted ceilings, oak hardwood floors,indoor/outdoor shower, Sub-Zero and Gaggenau appliances. Very private and gated back yard with beautiful large pool and spa. Expansive decking, large flat yard and mature landscaping. The home also includes media room, office and 2 car garage. The property and home have been meticulously designed and rebuilt to be a private oasis near the beach. New metal roof and custom cedar siding. Walk to beach, Nobu and Cross Creek Shopping Market. The manager has listed the unit size as 3700 square feet.
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| Apr 26, 2018 | Listed by Pinnacle Estate Properties | $5,795,000 | |
| Listed by Pinnacle Estate Properties | |||
| Jul 28, 2017 | Listed | $6,500,000 | |
| Listed | |||
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Completely renovated from top to bottom by luxury designer and developer Saffron Case of Saffron Case Homes. This 4 bedroom, 4.5 bath home comes with the finest upgrades. Open floor plan, vaulted ceilings, hardwood floors, large glass sliders, indoor outdoor shower, Sub-Zero and Gaggenau appliances. Very private backyard with large decks and beautiful pool, spa and fire pit. Media room, office and 2 car garage. This home has been meticulously designed and rebuilt to be a private oasis by the beach. 24 hour guard gated and very close to world famous Surfrider Beach, Nobu, Soho Little Beach House, Cross Creek and Malibu Country Mart, shops and additional fine dining restaurants. Buyer to verify square footage. The manager has listed the unit size as 3700 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017