4 Corniche Drive #A
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%.
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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 |
|---|---|---|---|
| Mar 13, 2020 | Sold | ||
| Sold | |||
| Oct 29, 2019 | Listed by First Team Real Estate | $500,000 | |
| Listed by First Team Real Estate | |||
| | |||
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Nestled in the prestigious guard-gated community of Ritz Pointe within walking distance to Salt Creek Beach, Monarch Beach, and Ritz Carlton resorts. Single story two bedrooms and two baths end unit condo with NO STAIRS entry location! Tastefully updated with a laminated wood floor. The kitchen has a new stainless sink, dishwasher, and quartz countertops. The bathrooms featuring beautifully finished vanities. Cozy fireplace in the living room, separate dining area. Two master bedrooms each with a spacious walk-in closet. This unit has a separate storage and laundry room and recently updated energy-efficient A/C unit. This property has a perfect beach-close location surrounded by multi-million dollar homes and five-star resorts. Community amenities include direct access to Salt Creek Beach with trails less than a mile walk or bike through the Monarch Beach Links Golf Course. Association clubhouse, pool, spas, and gym; one of the spas has a breathtaking panoramic ocean view! Located within walking distance to Monarch Beach Promenade Plaza offering varieties of restaurants and more! What a great place to live!!!
| |||
| Oct 31, 2017 | Sold | ||
| Sold | |||
| Aug 14, 2017 | Listed by The Omni Group | $450,800 | |
| Listed by The Omni Group | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/22/2020
|
2 Bed
|
2 Bath
|
1130 ft²
|
$659,000
2 Bed
2 Bath
1130 ft²
|
$635,000
-3.64%
03/19/2021
|
Katarina Kuczera
| |
|
10/08/2020
|
2 Bed
|
2 Bath
|
1200 ft²
|
$725,000
2 Bed
2 Bath
1200 ft²
|
$650,000
-10.34%
12/28/2020
|
Julie Moran
| |
|
10/29/2019
|
2 Bed
|
2 Bath
|
1130 ft²
|
$500,000
2 Bed
2 Bath
1130 ft²
|
$495,000
-1.00%
03/13/2020
|
Katarina Kuczera
First Team Real Estate
| |
|
09/02/2017
| |
2 Bed
|
2 Bath
|
1129 ft²
|
-
2 Bed
2 Bath
1129 ft²
|
-
-
|
-
|
|
08/14/2017
|
2 Bed
|
2 Bath
|
1129 ft²
|
$450,800
2 Bed
2 Bath
1129 ft²
|
$451,000
+0.04%
12/06/2017
|
Tina Marie Hernandez
The Omni Group
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017