389 Cliff Drive #1
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 |
|---|---|---|---|
| Sep 16, 2026 | Price Decreased |
$599,000
↓ $31K
(4.9%) | |
| Price Decreased | |||
| Jun 11, 2026 | Relisted | $630,000 | |
| Relisted | |||
| Jun 8, 2026 | In contract | - | |
| In contract | |||
| May 18, 2026 | Price Decreased |
$630,000
↓ $40K
(6%) | |
| Price Decreased | |||
| Feb 1, 2026 | Listed by The Agency | $670,000 | |
| Listed by The Agency | |||
| |||
|
*** PRICE REDUCTION*** Welcome to this spacious and beautifully maintained ground-level condominium, a true gem offering two bedrooms and two bathrooms in the highly desirable and tranquil neighborhood of Hastings Ranch. Upon entering this inviting residence, you are immediately greeted by the warmth of a large, commanding stone fireplace, the centerpiece of the main living area. This welcoming space flows seamlessly to the kitchen nook and kitchen, offering a perfect blend of comfort for daily living and an elegant setting for entertaining. The living room opens directly onto a large private outdoor patio, offering an ideal extension of your living space for al fresco dining, morning coffee, or simply enjoying the peaceful surroundings. This private outdoor retreat provides a wonderful space for relaxation. The well-appointed primary suite is a private sanctuary, featuring its own dedicated bathroom complete with a vanity area. The second bedroom is also generously sized, providing ample space for guests, a home office, or a dedicated hobby room, and boasts a large closet for excellent storage. This condominium's location is truly unparalleled, offering a lifestyle of ultimate convenience. It is perfectly situated within a short distance to an array of premier shopping destinations, including both Whole Foods and Ralphs, as well as a variety of other essential shops and services. Enjoy the ease of running errands or grabbing a meal without needing to drive. This residence offers a fantastic opportunity to own a comfortable, well-located, and highly functional home in a wonderful community.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/12/2024
|
2 Bed
|
2 Bath
|
1124 ft²
|
$698,000
2 Bed
2 Bath
1124 ft²
|
$698,000
01/06/2025
|
Peggy Allison
Allison REALTORS
| |
|
07/01/2024
|
2 Bed
|
2 Bath
|
1124 ft²
|
$599,000
2 Bed
2 Bath
1124 ft²
|
$680,000
+13.52%
08/22/2024
|
QING LIU
RE/MAX 2000 REALTY
| |
|
04/09/2022
|
2 Bed
|
2 Bath
|
1124 ft²
|
$599,890
2 Bed
2 Bath
1124 ft²
|
-
-
|
Richard Kim
Exp Realty
| |
|
10/25/2019
|
2 Bed
|
1 Bath
|
1278 ft²
|
$499,000
2 Bed
1 Bath
1278 ft²
|
$512,000
+2.61%
12/09/2019
|
Shereen Kelly
Berkshire Hathaway Home Servic
| |
|
05/17/2019
|
2 Bed
|
2 Bath
|
1233 ft²
|
$525,000
2 Bed
2 Bath
1233 ft²
|
-
-
|
-
| |
|
08/27/2018
|
2 Bed
|
2 Bath
|
1360 ft²
|
$499,900
2 Bed
2 Bath
1360 ft²
|
$545,000
+9.02%
10/10/2018
|
Matthew Helganz
Meridian Capital Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017