4 Sunset Cove
About This Property
The entire upper level is a sanctuary, devoted to two opulent primary suites. The grand primary boasts a sprawling private retreat, while both feature spa-inspired bathrooms with dual vanities and freestanding soaking tubs-rivaling the indulgence of a world-class resort. The lower level offers two generously appointed guest suites and a state-of-the-art media room, perfect for hosting elite gatherings.
The newly reimagined backyard is a resort-inspired oasis, designed for unparalleled luxury and entertaining. A sparkling saltwater pool and elevated spa, framed by a panoramic ocean-view deck, create a serene escape. The custom high-end BBQ island anchors al fresco dining, while a sleek fire feature seating area invites intimate gatherings under the stars. Enveloped by lush, manicured gardens, this outdoor haven elevates coastal living to an art form. Steps from Fashion Island, South Coast Plaza, pristine beaches, and top-tier schools, this is more than a home-it's a legacy for the discerning few who demand the extraordinary.
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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 |
|---|---|---|---|
| Jul 14, 2025 | Sold | ||
| Sold | |||
| May 30, 2025 | In contract | - | |
| In contract | |||
| Apr 28, 2025 | Listed by Luxe Real Estate | $8,800,000 | |
| Listed by Luxe Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017